The encryption bill finally reaches a conclusion
Good news for cryptocurrencies
BILL CLARITY
After a year of negotiations, Trump has accepted more than 120 demands from the opposing Democratic Party in exchange for this bill, meeting the vote threshold in the Senate afterward
The core issue: it restricts officials, and the scope is extremely broad. It includes the President, Vice President, members of Congress, federal judges, and even their spouses—all of whom are prohibited from endorsing any cryptocurrency projects that would be considered beneficial or in the way of material benefit. It has the smell of a crackdown
Good news for cryptocurrencies
BILL CLARITY
After a year of negotiations, Trump has accepted more than 120 demands from the opposing Democratic Party in exchange for this bill, meeting the vote threshold in the Senate afterward
The core issue: it restricts officials, and the scope is extremely broad. It includes the President, Vice President, members of Congress, federal judges, and even their spouses—all of whom are prohibited from endorsing any cryptocurrency projects that would be considered beneficial or in the way of material benefit. It has the smell of a crackdown
