[Analysis] Mr. Nakamoto goes to Washington

Following the flurry of hearings and press conferences in July, the regulatory environment in DC has become that much more important to navigate successfully for the digital asset industry.

Evan Feng of Tapestry Capital (and Messari Community Analyst) leverages his past experience covering the heavily regulated telecom sector as a hedge fund analyst to opine on the current state of play for stakeholders in the Executive branch and among the bicameral Legislature; specifically around how a path to a lighter-touch acceptance might be forged if care is taken to avoid the issues that could trigger heavy-handed enforcement. Topics examined include political incentives for disruption versus maintaining the status quo, how each party maps on an issues basis to the ideals underpinning crypto, and how the worst case scenario, an outright ban, might be attempted or rebuffed by the current fact pattern.