According to research institutions' analysis, the advancement of US cryptocurrency market structure legislation is slower than expected. Although there is still a chance to make progress this year, industry experts generally anticipate that the actual passage might not occur until 2027, and the final regulatory rules may not come into effect until 2029.
The biggest stumbling block is the conflict of interest clause. The Democratic Party has been pushing to restrict senior officials and their family members from holding or operating crypto-related businesses, but this clause is highly controversial. To ensure the legislation passes smoothly, it is very likely that the effective date of this restriction will be delayed by about three years to avoid applying it immediately to current officials. While this compromise can advance overall legislation, it also means that the actual implementation of regulations will be even later.
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WagmiOrRekt
· 01-08 20:28
It won't take effect until 2029, lol. Can we wait that long?
Isn't this just a tug-of-war, with利益优先 (利益优先) always winning in the end?
Officials first make a profit before regulating, this套路 (套路) is so familiar.
Postponing the effective date by three years—what kind of logic is that? Might as well not impose any restrictions.
Cryptocurrency regulation in the US is just a game of bureaucratic bickering; even 2027 is uncertain.
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ImpermanentPhilosopher
· 01-08 09:53
Waiting until 2029 again? Laughs. These people just want to leave themselves an escape route.
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MEV_Whisperer
· 01-06 00:52
Wait, it won't really take effect until 2029? So I have to stick with my current trading strategy for another three years?
The officials exempt themselves first; this tactic is pretty good, a textbook-level political maneuver.
The conflict of interest clause keeps getting delayed; frankly, they just don't want to involve their own people.
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DeadTrades_Walking
· 01-06 00:48
Will it be approved only in 2027? Man, we might have to wait until the Year of the Monkey and the Horse.
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It's the conflict of interest clause causing trouble again. Basically, they just don't want to disturb the officials' benefits.
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It won't take effect until three more years... If this keeps dragging on, by 2029, getting a rule might be considered a big achievement.
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Wait, wait, wait, really. The US is like this—saying they want to regulate while also PK-ing in various ways. In the end, it's the same old story.
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Laughing to death, officials are holding coins and still want to restrict others. This logic is quite something.
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Anyway, don't expect any good news in the short term. Let's just play our own game.
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MetaverseLandlord
· 01-06 00:45
Will it only take effect in 2029? Then the officials hoarding coins now must be so happy.
According to research institutions' analysis, the advancement of US cryptocurrency market structure legislation is slower than expected. Although there is still a chance to make progress this year, industry experts generally anticipate that the actual passage might not occur until 2027, and the final regulatory rules may not come into effect until 2029.
The biggest stumbling block is the conflict of interest clause. The Democratic Party has been pushing to restrict senior officials and their family members from holding or operating crypto-related businesses, but this clause is highly controversial. To ensure the legislation passes smoothly, it is very likely that the effective date of this restriction will be delayed by about three years to avoid applying it immediately to current officials. While this compromise can advance overall legislation, it also means that the actual implementation of regulations will be even later.