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Deep Tide TechFlow news: On May 23, according to The Information, the U.S. cryptocurrency industry is building a tighter coordination network in Washington, focusing on key legislative issues such as stablecoin regulation, the crypto market structure bill, and ETFs, to speed up the process of legitimizing regulation.
The report says that, against the backdrop of the Trump administration’s more friendly stance toward crypto and growing support from Congress, the industry is trying to seize the window period to push for crypto assets to be formally included in the mainstream U.S. financial system. Coinbase, a16z crypto, and other institutions are also continuously expanding their policy influence by means such as political donations, lobbying teams, and industry alliances, aiming to shift the regulatory framework from “crackdowns” to “regulation and acceptance.”