US lawmakers delay timeline for passing digital asset market framework bill

Odaily Planet Daily News: During the first meeting of the US Senate Digital Asset Banking Subcommittee on Wednesday, Senator Cynthia Lummis stated that bipartisan lawmakers who support encryption plan to pass a comprehensive digital asset market framework by the end of this year. This schedule has been delayed by several months compared to the previously planned push for the bill by Republican lawmakers. Lummis pointed out that many senators are still struggling to understand concepts such as Bitcoin, digital assets, and stablecoins. Despite President Trump's promise to push for digital asset reform within 100 days, the focus of discussion at the meeting shifted to existing securities regulations and stablecoin bills. （Decrypt）