2024 Shapes Up as Pivotal Year for Crypto Regulation in U.S.
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2024 could be a consequential year for crypto regulation in the US, with several major pending court cases and proposed rules.
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Key court cases involve Coinbase vs SEC, Ripple vs SEC, and a Supreme Court case impacting agencies' ability to define their own powers.
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Proposed SEC, IRS, and Treasury rules could also have massive implications, either constraining or supporting crypto.
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The spectrum of possible regulatory outcomes ranges from collapse of US crypto development to establishment of a clear legislative framework.
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It's hard to predict timing/content of potential Congressional action on crypto regulation amid dysfunction.