Danny Ryan, co-founder of Etherealize, has warned the U.S. crypto industry to demonstrate its worth and utility before President Donald Trump leaves office. He highlighted the current favorable legislative and regulatory environment in the United States that supports cryptocurrencies and blockchain technology but cautioned that these conditions may not last indefinitely. Ryan emphasized the urgent need for the crypto sector to develop frameworks that integrate it with traditional investment markets. He stated that if the practical use and benefits of cryptocurrencies are not clearly established during the current administration, future political leadership might reconsider the supportive policies in place. Over recent years, the crypto industry has increased its significance within the global financial system, particularly through blockchain technology, which sets new standards for transparency and security. The U.S. government’s favorable regulations have encouraged investment and research in this field. However, political changes pose a risk of instability in this environment. Experts assert that the crypto industry must accelerate its growth and finalize its legal frameworks to become a stable and reliable part of the financial world. Without these steps, new political leadership could impose stricter regulations that may hinder the development of this revolutionary technology.
Source: binance
