Trump and Congress are likely to face a long way to achieve encryption goals

President Donald Trump was not calm about his interest in supporting the digital asset industry strongly. Although he did not take many final measures to make this a reality since he became his president, he was his conversation Executive order It emphasizes the friendly approach that is expected to take its administration towards the Strip.

The changes made in the Securities and Stock Exchange Committee and the commodity futures trading committee complement the transformation of the tone from the White House. both of them Agencies News bulletins issued on strengthening commissioners are issued to the president’s jobs, which are more friendly to this industry. In addition, the Supreme Education Council Firing Exhaust and cancellation of the accounting bulletin on employees 121.

While the details of the new policies from the White House and organizational agencies were minimal, these measures can be considered the best as the basis for the future work. A tone has been transformed, although it is widely expected, important in itself. To some extent, the lack of immediate policy changes reflects the reality of managing more than a change in the amount of what the Trump administration will give priority to creating an industry -backed organizational framework.

Moreover, in many ways, the Trump administration is still trying to put its feet under it strongly, as the cabinet and the main organizational presidents are still inaccurate. This is possible a few months before the Senate Trump confirmed Paul Atkins, and the president still has to have the name of a permanent president in CFTC. Therefore, although there may be many changes in the instant policy, the early steps of the Trump administration are indications that the reform comes in time.

One of the uncertainty at this stage of the Trump administration’s encryption strategy is how it will affect Congress efforts to pass the legislation. It can be paid either to control certain aspects of bills under consideration or play a role more than a supporter, but do not participate in shaping the measures of measures. The unified Republic control over Congress has increased significantly from the ability to issue major legislation, such as bills that govern Stablecoins or Market structure.

However, with other more urgent issues that demand the attention of legislators, such as tax reform, migration, government financing, debt ceiling and confirmation of Trump candidates, as much as encryption bills may be a priority, they are likely to be paid at a later time to this year, or may be Next year, to look. As long as the budget reconciliation bill (or bills) remains incomplete, it will continue to remove most of the legislative oxygen from Congress and pushed alongside most other legislation until this is done. While Parliament Speaker Mike Johnson (R No) optimistic About the transfer of the budget reconciliation quickly, according to the NBC NewsThere is an opportunity to not move until the end of July or even closer to the end of the year when the last provisions of the tax cuts and jobs law end.

Even if it is not likely that there is a serious interest in encryption measures in Congress for several months, it is still useful to follow the main legislators and committees for additional progress signs towards the provision of the draft law and the number of Democrats who may be ready to support efforts. For example, the sub -committee is the Financial Services Committee in the House of Representatives on digital assets, financial technology and artificial intelligence I will hold a hearing Examining the path forward for digital assets in the coming weeks, allowing legislators to draw their hopes in the new Congress. Others related to encryption Listen sessions Focusing mainly on disposal of bankers at the present time, but this is likely to turn with attention to moving towards legislation in the coming months.

The bottom line is that although the proposals submitted by Congress have a much greater chance to bypass the finish line and then sign it in law by Trump, the road forward is still long. The tone of the tone of the federal organizers and the White House created in the Trump administration is the most important change in the short term, but achieving meaningful organizational successes will require patience. The foundation is placed for change in place, but given the nature of federal government operations, the realization that these goals will take time.