US crypto legislation postponed to March, Senate prioritizes advancing housing policy

【BlockBeats】There are new developments in the pace of cryptocurrency regulation in the US. The Senate Banking Committee recently shifted its focus from the originally planned crypto legislation to prioritize housing policy. As a result, the Crypto Market Structure Bill has been delayed and is not expected to enter the review stage until late February or March. This delay is related to the recent executive order signed by Trump—restricting large institutional investors from acquiring single-family homes, with housing affordability issues listed as a current policy focus.

Regulatory uncertainty has been particularly evident in the past week. In addition to the committee’s change in priorities, there are complexities in cross-committee coordination, with the Senate Agriculture Committee needing to participate in negotiations on the final text. These factors combined have created multiple obstacles to advancing the crypto bill. While establishing a long-term regulatory framework remains a consensus in the industry, the market is unlikely to see a clear timeline in the short term.

The slowdown in regulatory pace actually gives the market more time to digest policy expectations and fluctuations. In the short term, this may intensify market sentiment oscillations, but from a medium- to long-term perspective, the institutionalization trend will not change. At this stage, investors should pay more attention to the flexibility of asset allocation and the room for adjusting trading strategies.