“Ethereum “could benefit” from Donald Trump winning the US presidential election more than any other protocol. ConsenSys founder and CEO Joseph Lubin stated this in an interview with Cointelegraph. The top manager explained his position by the expected change in the leadership of the SEC, whose current policy “restrained” the development of ether. “America has had a boot on Ethereum’s neck for quite some time,” Lubin explained. Maximum profit for the second largest ecosystem […]”, — write: businessua.com.ua
Ethereum “could benefit” from Donald Trump winning the US presidential election more than any other protocol. This was stated in an interview with Cointelegraph by the founder and ConsenSys CEO Joseph Lubin.
The top manager explained his position by the expected change of management SECwhose current policy “restrained” the development of the ether.
“America has had a boot on Ethereum’s neck for quite some time,” Lubin explained.
The expert explained the maximum profit for the ecosystem of the second largest cryptocurrency 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 expressed hope that the agency will be headed by Commissioner Mark Ueda.
In October, ConsenSys announced plans to lay off 160 employees as part of streamlining the business amid uncertainty over US crypto industry regulation and the cost of a legal battle with the SEC.
We will remind you that in June, ConsenSys managed through the court to stop the Commission’s investigation into the possible status of Ethereum as a security.
However, the department’s counterclaim against the company was rejected in September.
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