The key issues of the US encryption legislation in 2025 include the Stablecoin Act and the FIT21 Act
According to The Block, the US Congress may push for cryptocurrency legislation in 2025, which is expected to be the most supportive of the crypto industry so far. After being elected president, Trump has repeatedly promised to support cryptocurrencies. Key issues include stablecoin bills and FIT21 bills, focusing on regulatory frameworks and decentralized standards respectively. Taxation will become a key issue, including adjustments to tax rules for pledge rewards. Meanwhile, a senator from Wyoming proposed establishing a national Bitcoin reserve but lacks widespread support. The opposition stance of Democratic Senator Elizabeth Warren could pose challenges to the legislative process.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Markets expect the Fed to cut rates by a further 36 basis points by next December
Open Positions in Bitcoin Contracts Across the Web Fall to $59.018 Billion
Moonshot goes online at SwarmNode.ai ($SNAI)
Some whale bought 3.56 million GAME in the last 6 hours