As a result of the mentioned outcomes, the US crypto market will be less competitive and cease to develop at its current pace. Still, in a long-term perspective, the crypto industry is considered weighty and perspective enough so that its taxation alone can be regarded as one of the ways to finance infrastructure projects. It shows that American policymakers can see how crucial and prominent the crypto economy is, which, in turn, leads to the conclusion that there are only more such favourable regulations awaiting crypto in the future ― the ones that will facilitate the industry. There already have been positive precedents like Wyoming’s 13 new blockchain laws
, which exclude a share of crypto operators from the notion of mining service business. Thanks to this amendment, it became easier to launch coins inside the state.