CryptoLaw founder and attorney John Deaton has stated that cryptocurrency regulations in the US will not happen before 2025.
Despite the upward movement of the cryptocurrency market, the vast majority of investors are focused on future regulations and audits. With the recent FTX crash, millions of investors suffered. The crypto community, who wants these situations not to be repeated, thinks that a regulation should come as soon as possible. However, Ripple lover Attorney John Deaton stated that the regulations will not come immediately and may reach 2025.
Lawyer Deaton: Regulations May Come in 2025
CryptoLaw founder and Ripple lover John Deaton made statements about the regulations on the social media platform Twitter.
Deaton also urged its players in the crypto industry to oppose the SEC moving forward with a sanction-only policy. As part of that fight, attorney, tech reporter and TV producer reported that Naomi Brockwell had chosen to represent her in the LBRY lawsuit.
The famous lawyer stated that he does not expect a logical crypto regulation to be enacted in the USA anytime soon. To defend this thesis, Deaton stated that time will pass with the policies of the regulators.
According to Deaton, at the end of all these processes, it will be possible to see regulatory clarity in 2025.
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