Solana co-founder: The Bitcoin executive order eliminates regulatory uncertainty, while the stablecoin bill still needs further clarification

ChainCatcher news, Solana co-founder Anatoly Yakovenko stated that the Bitcoin executive order is a "scalpel," not a government bailout for cryptocurrency, but rather further eliminates the regulatory uncertainty that has plagued the industry for the past four years.

He emphasized that the industry still needs stablecoin legislation, guidelines allowing banks to handle cryptocurrency, and clear rules from the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission regarding token issuance and DeFi. These measures will help further regulate and develop the cryptocurrency industry.