<ul><li>John E. Deaton anticipates delays in crypto legislation potentially until late 2025.</li><li>Ron Hammond details the instability in the House and the international dynamics impacting cryptocurrency decisions.</li><li>Deaton views regulatory bodies like the SEC, CFTC, and FED as major influencers in future crypto regulations.</li></ul>John E. Deaton, a prominent figure in the crypto domain, has voiced skepticism on the near-future prospects of cryptocurrency legislation in the U.S. This comes in response to a detailed thread by Ron Hammond, director of government relations at <a href="https://theblockchainassociation.org/" rel="noopener noreferrer nofollow">the Blockchain association</a>, who delved into the challenges that crypto legislation currently grapples with.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/a72d5a26a0f94277b741b4566b67b697.png" />Hammond <a href="https://x.com/RonwHammond/status/1711740745369928135?s&#61;20" rel="noopener noreferrer nofollow">highlighted</a> the prevailing instability within the House, marked by the ongoing Speaker&#39;s race, with contenders like Rep. Scalise and Rep. Jordan emerging as potential candidates. As this power tussle ensues, figures such as Rep. Patrick McHenry, known for his <a href="https://cryptotale.org/regulatory-clarity-on-the-horizon-u-s-house-committee-passes-crypto-bills/" rel="noopener noreferrer nofollow">pro-crypto advocacy</a>, are temporarily filling leadership voids, according to Hammond.Further, Hammond drew attention to international dynamics that might influence crypto decisions. He specifically highlighted the Israel conflict, examining how geopolitical events could cast ripples across the crypto landscape. Hammond drew attention to the interaction of entities such as Hamas with cryptocurrency, the emergence of humanitarian initiatives like &#34;<a href="https://cryptoaidisrael.com/" rel="noopener noreferrer nofollow">Crypto Aid Israel,</a>&#34; and the efforts by law enforcement to track and confiscate crypto assets linked to specific groups.Read full article at<a href="https://cryptotale.org/lawyer-expresses-skepticism-in-u-s-crypto-legislation-responding-to-hammond/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Lawyer Expresses Skepticism in U.S. Crypto Legislation, Responding to Hammond

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