Washington is working on a regulatory framework for digital assets, sparking interest from crypto investors. Signals of change will come through the US regulatory rulemaking process. Proposed rules issued by regulators will be key indicators of the future landscape, impacting business strategies and market expectations.

Federal agencies like the SEC and CFTC will have an immediate impact on market expectations. Ava Labs is actively engaging in the regulatory process and analyzing how proposed rules will affect specific lines of business. Legislation can take months or years to pass, while agencies can move more quickly by issuing rules.

Ava Labs is focused on understanding how proposed rules will impact its self-custody wallet, blockchain-as-a-service offerings, and custody-related initiatives. The company plans to closely examine the rules to assess the impact on its various businesses. Schneider stressed the importance of paying attention to proposed rules from federal agencies for insights into the regulatory framework.

Read more at Yahoo Finance: Ava Labs counsel says crypto’s regulatory signals will come from SEC, CFTC rules