Deep Tide TechFlow news, on December 2, according to CNBC, Coinbase Chief Policy Officer Faryar Shirzad stated that with Trump's election as president and gaining majority support in both houses of Congress, cryptocurrency legislation is expected to accelerate by 2025. Shirzad emphasized that the new Congress will be 'the most supportive of cryptocurrency in history.'
Currently, two key bills are advancing: the Financial Innovation and Technology Act has passed the House of Representatives, while the Stablecoin Payment Clarification Act is still awaiting a vote. According to data from the Federal Election Commission, cryptocurrency-related political action committees have raised over $245 million to support industry development.