US is Planning THIS For Crypto! All Regulations Explained!

"If that happens [Senate flips Republican in November], Lummis predicts that the pro crypto Senator Tim Scott of South Carolina could become the chair of the Senate Banking Committee on which she also currently sits and under these conditions the Bitcoin act might really have a shot at becoming law."

"it's quite unlikely that we'll see any crypto legislation passed until 2025"

"Anything that does not empower the government with more control over crypto is unlikely to become law in the current Congress"

"next year however it's possible that the house senate and the White House will be controlled by Republican an now this is no guarantee that any laws beneficial to crypto will actually be passed but it would likely diminish the power of crypto Skeptics in Congress if this happens the content of any new crypto bills introduced will likely not need to appeal to crypto Skeptics at all and they may be easier to pass through both chambers of Congress to boot this could be a significant win for the crypto industry and make the next few years plain sailing when compared with the current regulatory climate"

"we do suspect that the next next four years will see more in the way of legislation and fewer SEC enforcement actions"

"it seems inevitable that one of these bills will be passed in the next Congress"