Magic Eden Legal Advisor: David Sacks Only Has 2 Years to Promote Crypto-Friendly Policies

Joe Doll, general counsel at NFT marketplace Magic Eden, said in an interview that recently appointed “AI and cryptocurrency czar” David Sacks only has 2 years to push pro-crypto policies before the 2026 US midterm elections. Doll believes that the threat of government gridlock could stifle regulation, and the current administration must push pro-crypto policies while still controlling both houses of Congress. “The House majority is very slim and is likely to reverse because it almost always reverses. So you could have a divided government that sets things in place in two years. So we have 24 months to push something important.” (Cointelegraph)