Policy Continuity Strengthens

Kristin Smith's return gives the Blockchain Association a familiar Washington operator at a critical point for crypto market-structure legislation. The most likely path is continuity: the group uses her relationships with lawmakers, Coinbase, Circle, and other members to keep pressure on Congress without materially changing the industry's policy asks.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.