Post

This time, the likelihood of the US crypto bill passing is very high. First, President Trump is strongly pushing for it. Second, Wall Street financial groups in the US have already allocated a lot of Bitcoin and Ethereum; US pension funds and wealth management funds are holding and watching, even itching to move; once the bill passes, they will all rush in. Therefore, outside public opinion will influence the voting inside. Third, there are quite a few senators in the US Congress who are active supporters of cryptocurrency. They know that if this Congress cannot pass the bill, it will have to wait for the next Congress, which means dragging on until after the end of 2018. Why the end of 2018? This current US Congress is the 119th Congress, which opened on January 3, 2025, and will officially end its term at noon on January 3, 2027. (Two-year terms) The new session runs from January 3, 2017, to January 3, 2019. (The November election decides which party controls Congress; after November, who still gets serious work done?) If the bill is not finalized by the end of this Congress, the entire process will start over, with the new session resubmitting, debating, and voting, taking many years. In the crypto digital currency world, a cycle is four years; by then, who knows what changes will have occurred? If the bill passes, who benefits the most? $BTC? $HYPE? $UNI? Or will it be a celebration all around?