Magic Eden’s Joe Doll: David Sacks Has Two Years to Advance Crypto Policies Before 2026 Midterms

In a recent discussion, Joe Doll, the Chief Legal Advisor of the NFT marketplace Magic Eden, stated in an interview that the recently appointed “AI and Crypto Czar” David Sacks has only 2 years before the 2026 US midterm elections to advance crypto-friendly policies.

Doll believes that the threat of government gridlock could stymie regulation, and the current administration must push for crypto-friendly policies while still controlling both houses of Congress. “The majority advantage in the House is very slim and likely to be reversed, as it almost always is. So you could end up with a split government that will settle things in two years. So we have 24 months to push some important things forward.