Reported about 2 months ago
According to Oppenheimer's Owen Lau, the chances of passing crypto legislation this year are only 20%. He suggests that recent market fluctuations are largely influenced by macroeconomic factors, noting the use cases for blockchain technology in speeding up and reducing the costs of global transactions. While he expresses optimism for regulatory clarity in 2025, he remains skeptical about significant legislative advancement in the current year.
Source: YAHOO