Overview
- Tether’s government affairs chief Jesse Spiro told a Consensus Miami panel the elections could have a “seismic impact” on the industry’s direction.
- Spiro cited progress such as the GENIUS Act and market-structure work, but he warned those gains remain vulnerable to a political shift.
- Advocacy networks are scaling up spending and turnout operations, with Stand With Crypto saying nearly 3 million members plan to reward pro-crypto lawmakers in close races.
- Solana Policy Institute’s Colin McLaren said the goal is policy “durability,” arguing the sector must keep funding efforts after spending hundreds of millions in 2024.
- Nasdaq’s Tal Cohen said a friendlier SEC is giving firms room to test tokenization—turning real-world assets into digital tokens—and new market infrastructure, a window that industry figures note could narrow depending on election outcomes.