Joseph Lubin emphasized that Ethereum will be able to get the maximum benefit because it has greater “maturity” compared to competing blockchains.
“America has had its boot on Ethereum’s neck for quite some time. But after Trump’s victory, things may improve, especially for Ethereum in light of a possible change in SEC leadership,” Lubin said.
According to him, the only exception is Bitcoin, which is more specific in its field of activity, which in the future may reach a new historical maximum above $100,000.
He expressed hope that current agency commissioner Mark Uyeda will become the next chairman of the US Securities and Exchange Commission (SEC).
Note that on November 5, ConsenSys published an open letter addressed to whoever will become the next President of the United States, asking for clear and favorable regulation of cryptocurrencies and Web3, since the uncertainty of the law hinders the development of blockchain.
Previously, Joseph Lubin said that the SEC is deliberately preventing innovation, which threatens the existing landscape of the country. The head of ConsenSys noted that the regulator sees a threat to the banking system from Ethereum.
Source: Bits
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