Republican conservatives ended their two-day cryptocurrency bill blockade, clearing obstacles for the key legislation supported by former President Trump. This breakthrough stems from House Speaker Mike Johnson's promise to include a provision in this year's National Defense Authorization Act that prohibits the Federal Reserve from issuing central bank digital currency (CBDC).
Behind-the-scenes negotiation information reveals that Trump directly participated in the consultation process. An unnamed insider disclosed: "Trump continued to receive legislative progress briefings in the final stage and is very satisfied with this outcome." This compromise also unlocked the long-stalled stablecoin regulatory bill.
This political game marks a gradual institutional acceptance of the cryptocurrency regulatory framework while drawing a clear line with central bank digital currencies. After years of regulatory uncertainty, Washington's attitude towards digital asset policy is undergoing a significant change.
