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Jake Chervinsky, lawyer and head of policy at Variant Fund and Blockchain Assoc., notes that policymakers did not prioritize regulating memecoins during the last cycle, as these assets were viewed as a passing trend.
According to Chervinsky, if memecoins regain mainstream popularity, they are likely to become a major topic in future crypto policy discussions.
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Chervinsky has previously discussed trends in decentralized finance, recalling the origins of DeFi summer and the move toward onchain perpetuals in U.S. agriculture in one account. He has also pointed to the use of pre-IPO perpetuals as a tool for crypto IPO pricing, noting their benefits for both investors and issuers. These observations highlight his continued focus on policy and innovation within the crypto sector.