Trump's win brings his most popular crypto promise into focus. Who takes over US SEC might matter more than who leaves. From "CryptoDad" to "Crypto Mom," who can reshape crypto's future in America?
Polymarket crosses into two spheres that have been muddled in regulations - crypto and prediction/betting. I think the larger narrative around Polymarket and other prediction platforms around real life events is the wisdom of crowd and the asset class around it. At least in the US, regulations are not going easy ... but it should move forward. The biggest green light for Polymarket has been the wave it swept post US election results.
Gensler’s enforcement-first approach created a culture of fear in crypto. If his successor focuses on clear guidelines, it could be a real game-changer for U.S. competitiveness.
A crypto-friendly SEC might finally give the U.S. a chance to lead responsibly, rather than just regulate relentlessly. Let’s hope the next chair values innovation alongside enforcement.
What do you think it means for Polymarket?
Polymarket crosses into two spheres that have been muddled in regulations - crypto and prediction/betting. I think the larger narrative around Polymarket and other prediction platforms around real life events is the wisdom of crowd and the asset class around it. At least in the US, regulations are not going easy ... but it should move forward. The biggest green light for Polymarket has been the wave it swept post US election results.
Gensler’s enforcement-first approach created a culture of fear in crypto. If his successor focuses on clear guidelines, it could be a real game-changer for U.S. competitiveness.
A crypto-friendly SEC might finally give the U.S. a chance to lead responsibly, rather than just regulate relentlessly. Let’s hope the next chair values innovation alongside enforcement.