As Washington moves closer to establishing an official legal framework for digital assets, cryptocurrency investors are eagerly seeking early signals to predict how the market will change. According to Lee Schneider, Chief Legal Counsel of Ava Labs, these important signals will not quietly appear behind closed doors but will be publicly revealed during the regulatory rulemaking process of US authorities.
In an interview with TheStreet Roundtable, Schneider emphasized that the most notable milestones are not in the major laws passed by Congress but in draft regulations proposed by agencies such as the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). When these drafts are published, they often provide the first and clearest insight into the shape of the final legal framework.
Although Congress plays a long-term strategic role, Schneider believes that federal regulators will have a faster impact on market expectations. Therefore, Ava Labs is actively participating in this process, both directly and through industry associations.