🇺🇸 U.S. Senate Delays Crypto Bill — Housing Takes Priority 🔥🔥🔥🔥🔥🔥
According to reports, the U.S. Senate Banking Committee is pushing back broad crypto market legislation to late February or March. Lawmakers are redirecting attention toward housing affordability, aiming to ease cost pressures ahead of this year’s congressional elections.
Why the delay matters:
🏠 Housing Affordability First — Housing costs are now tied closely to President Donald Trump’s affordability agenda. A recent executive order targets large institutional investors buying single-family homes, making housing a near-term political focus.
⚖️ Crypto Regulation Friction — The pause also exposes growing tension within the crypto industry over regulatory direction. Competing philosophies are surfacing as policymakers debate the right framework.
Industry reactions:
• Charles Hoskinson (Cardano): Warns against “good enough” regulations, arguing that temporary rules often become permanent and could hinder innovation.
• Brad Garlinghouse (Ripple): Supports a pragmatic, step-by-step regulatory approach, praising lawmakers for advancing workable frameworks rather than stalling progress.
What’s next:
The Senate Agriculture Committee is expected to release its own digital-asset bill, with a potential vote on January 27. This could set the stage for merging both proposals before any full Senate decision.
Markets are watching closely. Regulation is delayed — not derailed.
#Ripple #Cardano #Senate #CryptoRegulation $XRP $ADA