The US encryption industry accelerates the legalization of regulation

According to The Information, the US cryptocurrency industry is pushing for legislation on stablecoin regulation, cryptocurrency market structure laws, and ETFs in Washington. According to reports, the Trump administration has turned friendly towards cryptocurrency, with increased support from Congress and industry efforts to integrate cryptocurrency assets into the mainstream financial system. Coinbase, a16z crypto, and other institutions have expanded their policy influence through political donations, lobbying teams, and other means, promoting a shift in regulation from "suppression" to "standardization and acceptance".