According to CoinMeta, Chainlink Legal Affairs Head Katherine Kirkpatrick Bos stated that the House of Representatives canceled the last two weeks of its legislative agenda in September, which had a "devastating" impact on the prospects for clear legislation. She pointed out that this development was "very disheartening" for many market participants who were pushing for legislation and called it "the ultimate way to ensure all future work is done well." Kirkpatrick Bos believes that although regulatory guidance is well-intentioned, it cannot replace actual laws. She stated that legislation is the best way to ensure the future, as it is very difficult to amend or repeal laws, whereas changing rules or guidance is relatively easier. Nevertheless, she expressed encouragement at the financial regulatory agencies' rapid efforts to fill the current legislative gap. She emphasized that expanding the participation of traditional financial participants is an important strategy to ensure the clarity of the law.