Rebecca Layo, co-founder and CEO of Layer-1 Blockchain Saga, believes that digital assets began as a issue of both parties but were attracted to the Republican Party in the last electoral session due to the policies of the previous administration to combat guts.
In an interview with Turner Wright’s Turner Wrightlgraph during the Ethdeenver Conference, LIAO referred to the Securities and Stock Exchange Committee (SEC) The lack of a coherent policy As the basic challenge of the industry. The CEO said:
“The encryption community felt as if the authority administration did not really help the encryption community through policies that would be fruitful for this industry, and thus decided to investigate the Republican Party.”
“The alliance between Republicans and encryption is the issue of an anti -Foundation feeling, so they both excite the matter against the regime,” Liao continued.
Campaign contributions also played a major role In the transformation of the Republican Party towards the policies supporting the church, the CEO said, adding that it was difficult to dictate financial contributions often the extent of the electoral district heard by the elected lawmakers.
A graph showing the contributions of corporate campaign during election sessions while spending on the orange encryption industry. source: General citizen
Related to: The SEC Work Squad continues to meet with companies on encryption regulations
The US government is re -seizing the relationship with the encryption industry
after President Donald Trump’s re -election In the United States and The resignation of former SEC Chairman Gary GinslerRaded Federal Organizers, and put them towards the encryption industry.
SEC brought down enforcement measures against six encryption companies in February 2025 as part of the agency’s organizational axis.
Coinbase was the first encryption company to see relief. second She agreed to drop her enforcement procedures Against the company after a long legal battle that lasts more than a year.
On February 21 Its investigation was dropped in Opensea -One of the leading markets in the distinguished symbol (NFT) after investigating the platform to determine whether NFT sales make up securities.
UNISWAP announced The end of the SEC investigation At the decentralized exchange company on February 25 – a developed development as a major victory for decentralized financing.
Recently, on February 26, the Supreme Education Council I closed the investigation of Gemini Exchange of central encryption, and on February 27, the agency She agreed to reject her lawsuit Against Consensys.
magazine: Trump’s encryption projects raise conflicts in interests, trading questions from the inside
publish_date
