The legislators postpone their calendar to adopt legislation on the structure of the digital asset market in the last signs that decision-makers have trouble honoring their promises of pro-scriptto elections.
During the inaugural meeting of American Senate banks on the inaugural meeting of digital assets, senator Cynthia Lummis (R-WY) said that a bipartite group of Pro-Crypto legislators aimed to adopt a complete framework targeting the industry by the end of this year.
It was several months later that the announced calendar of republican decision -makers announced to advance critical reforms of the structure of the cryptographic market by the congress.
“Many members of the Senate always try to understand” what is a bitcoin “; “What is a digital asset”, which is a stablecoin, “said Lummis at the meeting. “I hope we can get … legislation to President Trump for his signature this year.”
The new Crypto Tsar David Sacks promised earlier this month to push the congress to devote reforms of the structure of the digital asset market and other pro-scriptto initiatives in the first 100 days of the second administration of President Trump.
But during the meeting on Wednesday, legislators and industry experts expressed a less urgent emergency to manage speed.
Instead, the participants spent a large part of the meeting discussing the regulations in terms of existing securities and the bills on stabrisons such as the guidance and the establishment of national innovation for the American stables of 2025 Acts introduced earlier this month.
Their distancing from the 100-day sack calendar occurs in the largest retirement of politicians from their pro-Crypto electoral cycle promises.
The efforts to establish a stock of bitcoin in the American treasury – a focal point of the pro -Crypto campaign platform of President Trump – are Always at their childhood.
The proposal also seems to have lost steam among the political decision-makers of Capitol Hill, the participants of the Wednesday banks’ subcommittee of Wednesday, barely harming a reserve of American strategic bitcoin.
Meanwhile, three bills to create Bitcoin reserves at the state level have failed this year.
Admittedly, the Trump administration and its allies carried for some of their pre-electoral promises to the cryptographic community.
Asset Creator of the Route in Pardone Ross Albright of prison during his first days in power, and he Appointed Pro-Crypto Paul Atkins regulator To direct the SECURITIES Exchange Commission before its inauguration in January.
The feelings of investors towards the crypto have reached fever in the performance of President Trump’s return to the White House, catapulting Bitcoin and other tokens to summits of all time.
However, these prices have since dropped.
Bitcoin is down 12.6% over the week to $ 84,000, while blue chip tokens such as Solara And Ethereum also displayed two -digit losses during the same period, according to Coingecko data.
Edited by Sebastian Sinclair
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