Crypto Lobby Eyes New Legislation Following Trump’s Election Win

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BitcoinWorld 2w ago

Crypto Lobby Eyes New Legislation Following Trump’s Election Win - BitcoinWorld

Quick Summary:

Crypto Lobby Eyes New Legislation Following Trump’s Election Win Following Donald Trump’s presidential victory and the establishment of a Republican majority in Congress, the crypto industry is gearing up for a legislative shift that could reshape U.S.crypto regulations.

Limited Protections for Key Assets: FIT21 does not fully address protections for assets like stablecoins and DAO (decentralized autonomous organization) tokens, which are integral to the evolving crypto ecosystem.

With renewed influence in Congress, crypto insiders are eyeing alternative legislation that could better align with the industry’s interests, particularly under a pro-crypto administration.