Ethereum “could benefit” from Donald Trump winning the US presidential election more than any other protocol. About this in an interview Cointelegraph said ConsenSys founder and CEO Joseph Lubin.
The top manager explained his position by the expected change in management SECwhose current policies “restrained” the development of the airwaves.
The expert explained the maximum gain for the ecosystem of the second cryptocurrency by capitalization by its greater “maturity” compared to its competitors. The only exception is Bitcoin, which is more “narrow in its scope of activity,” he added.
Lubin said he hopes Commissioner Mark Ueda will lead the agency.
In October, ConsenSys announced plans to lay off 160 employees as part of business optimization due to the uncertainty of regulation of the crypto industry in the United States and the costs of a legal battle with the SEC.
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In June, ConsenSys, through the court, achieved the termination of the Commission’s investigation into the possible status of Ethereum as a security.
However, the counterclaim to the department’s claim against the company was rejected in September.
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Source: Cryptocurrency
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