‼️ The US Crypto Bill 'Flops'! Is the Crypto Community Going to Suffer Policy Loss?
Recently, the news about the US crypto bill is more thrilling than a drama series! In simple terms:
1. The bill voting is 'stuck'
The House of Representatives attempted to advance cryptocurrency legislation by leveraging 'Crypto Legislation Week', but the procedural vote ended in a deadlock — 210 in favor, 218 against, and the three core bills couldn't even reach the final vote, resulting in 'Crypto Legislation Week' being a total failure.
2. Opposition is growing louder
The number of Republicans opposing the crypto bill has increased from earlier numbers to 10. The Republicans need to 'turn back' 4 opposing votes to continue moving forward, which is as difficult as 'turning the tide against the wind'.
3. Controversy centers on two points
Stablecoin Bill: The House and Senate versions could not reach an agreement, and the Libertarian faction, having not participated in the drafting, collectively voted against it.
CBDC (Central Bank Digital Currency): Some Republican lawmakers insist on adding a clause to 'prohibit CBDC', and Trump initially intended to sign the bill this week, but the situation has become a 'complete mess', described as 'utterly chaotic'.
Impact on the crypto community?
Short-term: Policy uncertainty is at an all-time high, and the market will definitely 'shudder', causing increased price volatility; contract traders need to pay attention to position control.
Long-term: Regulation remains tight, institutions are hesitant to enter the market easily, the pace of industry development will slow down; spot traders should hold onto quality coins and not panic.
How should ordinary players respond?
Spot Traders: Hold onto quality coins firmly; policy is just a short-term disturbance, and the long-term trend of the crypto industry remains.
Contract Traders: The impact of news is significant; play with small positions and set stop losses, don’t hold on stubbornly.
Onlookers: Wait for policy clarity before entering the market; once the regulatory direction is determined, operations will be more grounded.
(The variables in this policy drama are too numerous; we small investors should avoid blindly following trends, controlling risk is the most important!)
