ChainCatcher news, Coinbase Chief Policy Officer Hirsad recently stated that if Trump returns to the White House, cryptocurrency legislation may advance quickly in Congress. Trump is known for supporting cryptocurrency policies, which brings a glimmer of hope to the market.

Currently, two important cryptocurrency bills are advancing in Congress. The first is the "21st Century Financial Innovation and Technology Act," initiated by Republicans, aimed at establishing a legal framework for digital assets, which has been passed by the House of Representatives. The second is the "Payment Stablecoin Clarity Act," which aims to establish a licensing system for stablecoin issuers but has yet to be voted on in the House.📈🔍