Solana Co-founder: Bitcoin executive order further eliminates regulatory uncertainty, the industry still needs clearer rules

PANews reported on March 7 that Solana co-founder Anatoly Yakovenko wrote on the X platform that the Bitcoin executive order is a "scalpel" and is not a rescue operation by the US government for cryptocurrencies, but further eliminates the regulatory uncertainty that has plagued the industry for the past four years. He pointed out that the industry still needs a stablecoin bill, guidelines for banks to deposit and access cryptocurrencies, and clear rules from the US Securities and Exchange Commission and the Commodity Futures Trading Commission on token issuance and DeFi. These measures will help further regulate and develop the cryptocurrency industry.

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This content is for informational purposes only and does not constitute investment advice.

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