BiyaPay Analyst: US Congress Hits Pause on Crypto, Crypto Bill Postponed to March

BlockBeats News, January 22, the progress of U.S. crypto legislation has once again changed. According to a Bloomberg report on January 21, the U.S. Senate Banking Committee has shifted its legislative focus to housing policy, and the crypto market structure bill is now expected to be postponed until the end of February or March for review. Previously, Trump signed an executive order requiring restrictions on large institutional investors purchasing single-family homes, making housing costs a current policy priority.

The uncertainty of crypto legislation also became apparent last week. An exchange withdrew its support for the relevant bill, and the need for the Senate Agriculture Committee to participate in the final text negotiations has created cross-committee coordination challenges for the bill's progress. Although the regulatory framework is still seen as a long-term direction, the market is unlikely to obtain a clear timetable in the short term.

BiyaPay analysts pointed out that the slowdown in regulatory pace helps the market digest policy expectation fluctuations, which may intensify short-term sentiment swings but does not change the long-term institutionalization trend of crypto assets. At this stage, investors should pay more attention to asset allocation and trading flexibility.

Against this backdrop, BiyaPay users can flexibly participate in U.S. stocks, Hong Kong stocks, options, and digital currency trading using USDT, enabling risk hedging and opportunity positioning in a multi-market environment.