- Legal expert Jeremy Hogan believes 2024 will bring relief to digital asset holders.
- Hogan added that no regulatory framework for crypto will be seen in the US in 2024.
- The legal expert also predicted that 2024 will be the year of “utility tokens.
Two months into 2024, legal expert and partner at law firm Hogan & Hogan, Jeremy Hogan, has shared some positive insights for the digital asset space. In a recent appearance, the lawyer stated that the chances of a comprehensive regulatory framework for digital currencies being introduced in the US in 2024 are next to none.
While appearing in a session with Crypto Law, a legal and regulatory news provider for digital asset holders, Hogan discussed the chances of a crypto regulatory framework being introduced in the nation.
“There will be, unfortunately, no legislation giving any clarity to the [crypto] space,” Hogan said while noting that the digital asset space will “continue to develop.”
Commenting on the market trends, Hogan showed a bullish stance. He predicted that 2024 will be a good year for digital asset holders, bringing them some relief after the “misery” that they have experienced in 2022 and 2023.
Moreover, he believes that 2024 will be the year of “utility tokens,” ranging from artificial intelligence tokens to gaming tokens.
In the interview, Hogan pointed out that crypto advocate and attorney John Deaton also shares a similar sentiment regarding the introduction of a crypto bill in the US.
It is crucial to note that Deaton is running against crypto critic and United States senator from Massachusetts, Elizabeth Warren, and called her a “selfish politician,” as reported earlier. Warren believes that crypto is “dangerously delusional” and seeks the regulation of the industry.“Elizabeth Warren, well, she promised to be a champion for those in need. Instead, she gives lectures, plays politics, and gets nothing done for Massachusetts,” Deaton said in a video while announcing his campaign.
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Source: https://coinedition.com/legal-expert-forecasts-2024-rebound-easing-2022-investor-woes/