On January 22, the US cryptocurrency legislation process took another turn. Bloomberg reported on January 21 that the Senate Banking Committee had shifted its legislative focus to housing policy, and the cryptocurrency market structure bill is expected to be postponed until late February or March. This followed Trump's signing of an executive order restricting large institutional investors from purchasing single-family homes, making housing costs a current policy priority.
Uncertainty surrounding crypto legislation also surfaced last week. Coinbase withdrew its support for the relevant bill, and the Senate Agriculture Committee's involvement in final text negotiations has created cross-committee coordination challenges for the bill's progress. Although the regulatory framework is still seen as a long-term direction, the market is struggling to obtain a clear timeline in the short term.
BiyaPay analysts point out that the slower pace of regulation helps the market digest policy expectation fluctuations, which may exacerbate short-term sentiment volatility, but does not change the medium- to long-term institutional trend of crypto assets. At this stage, investors should focus more on asset allocation and trading flexibility.
Against this backdrop, BiyaPay users can use USDT to flexibly participate in US stocks, Hong Kong stocks, options and digital currency trading, and hedge risks and seize opportunities in a multi-market environment.
