KEY POINTS
- Hougan noted efforts over the years may be paying off, as seen with the anti-SAB 121 bill's Congress passage
- House members also passed FIT21 last month with surprising support from 71 Democrats
- Hougan believes the market would be at new all-time highs if people understood the impact of last month's changes
The U.S. government appears to have been changing its attitude toward the cryptocurrency industry in the past month, and while some within the sector have probably started noticing subtle changes, the chief investment officer of crypto manager Bitwise Asset Management believes the wider market has yet to recognize the shifting tone.
