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Figment CEO: US regulatory changes are good for Ethereum and the entire crypto industry
2hours ago

According to Odaily Planet Daily, Lorien Gabel, co-founder and CEO of staking service provider Figment, stated in an interview with Bloomberg that changes in the US regulatory environment are positive signals for Ethereum and the entire crypto industry. The passage of the Market Structure Act, in particular, will help clarify Ethereum's role and use cases. He noted that record stablecoin trading volumes and increased Ethereum transaction processing capacity support bullish prices. He also emphasized the critical role of staking mechanisms within the Ethereum network and believes that crypto technology offers a bottom-up alternative to the financial system, a fact increasingly evident under the new administration. He also noted that crypto assets are gradually addressing some of the risks inherent in the traditional financial system. (Bloomberg)