I look at this as a very important signal to move policy away from just litigation to actually some rules and guidelines. There is a bill called the Genius Act. It used to be called the Stable coin Act. They’ve merged those together. That’s Gillibrand with Hagerty and has bipartisan support. When Trump talks about legislation, the first pillar is going to be the Stable coin Act. I anticipate he will sign it within the next couple of months. It’s not about Bitcoin, it’s about digital payment systems. So that if you had a wallet, like on Robinhood or WonderFi or Coinbase, you could just wire money to people for a fraction of the cost you pay for a bank right now which would be great.
The other legislation they’ll be discussing today, which is also important, is the market infrastructure. In other words, is Ethereum a commodity or is it a security? Let’s finally make a decision on these tokens and move forward with policy.