US Lawmakers Hold Critical Meeting with Crypto Execs on Bitcoin Reserve Strategy and Pending Legislation
Washington's power players just sat down with crypto's biggest names—and the future of Bitcoin as national reserve currency hung in the balance.
Behind Closed Doors: Policy Meets Pragmatism
Lawmakers grilled industry executives on everything from regulatory frameworks to Treasury diversification strategies. No vague promises—just hard numbers and implementation timelines.
The Bills That Could Reshape Crypto
Multiple legislative proposals hit the table. Each one targeting everything from stablecoin oversight to miner taxation. Because nothing says 'innovation' like 300 pages of compliance requirements.
Wall Street's Watching—And Squirming
Traditional finance giants suddenly realizing that 'digital gold' might actually become... well, actual gold. Their legacy systems can't handle the velocity—or the irony.
Final Take: When DC meets crypto, expect fireworks. And probably some painfully slow bureaucratic follow-up. Because revolutionizing finance moves at the speed of government paperwork.
Republicans Discuss Crypto Market Bills
In a separate meeting, Republican lawmakers met with crypto executives to talk about legislation on market structure. The House had already passed a bill in July, and the Senate is now looking at its own version called the Responsible Financial Innovation Act.
It was a pleasure to moderate a panel discussion today on the future of digital asset policy. Our goal is clear: we must get the CLARITY Act to @POTUS’ desk ASAP.
Thanks to @SpeakerJohnson for hosting this event and ensuring crypto remains a @HouseGOP priority. pic.twitter.com/8IrTxR6Pj8
This bill is based on the CLARITY Act and is meant to explain clearly how U.S. financial agencies should watch over and enforce rules for cryptocurrency. The meeting shows that the congress is paying more attention to cryptocurrency, after returning from a month-long break in September.
The BITCOIN Act could turn a previous executive order by President Donald TRUMP into law, allowing the government to hold up to 1 million Bitcoin in a national reserve. Meanwhile, the market structure bill seeks to define roles and responsibilities for agencies regulating crypto.
Also Read: BTC Inc. And Strategy Extend BFC Partnership To 2030
