According to The Block, the US Congress may push for cryptocurrency legislation in 2025, which is expected to be the most supportive of the cryptocurrency industry to date. After being elected president, Trump has repeatedly promised to support cryptocurrency. The key topics include the stablecoin bill and FIT21 bill, which focus on regulatory frameworks and decentralized standards, respectively. Tax issues will become key, including adjustments to tax rules for pledging rewards. Meanwhile, Wyoming senators have proposed the establishment of a national Bitcoin reserve, but lack widespread support. The opposition stance of Senate Democrat Elizabeth Warren may pose a challenge to the legislative process.
