Part 2/8:
Christine expressed that she was not surprised by the news regarding the potential ousting of the FCC chair. “It is very common when there is a change of power for the chair of the FCC to step down at the end of the Congress and the end of the presidential term before the inauguration,” she noted. This change is met with enthusiasm by industry professionals who have felt constrained under the current regime’s “regulation by enforcement” approach.
Christine emphasized that the industry is eager to rebuild its relationship with the government and sees a critical moment ahead with a newly elected Congress poised to assume power. She highlighted the need for a regulatory framework that can appropriately govern the rapidly evolving world of digital assets for years to come.