Industry leaders view Trump’s executive order as a stepping stone for congressional Bitcoin legislation. The Bitcoin Act, if passed, would solidify Bitcoin as part of U.S. financial policy, marking a significant shift in the federal approach to digital assets.

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What people are missing about the SBR is that it’s not implemented only via executive action or via legislation… we want both. The executive action clears the political lane and tells Congress this is a priority,” Bailey stated

Lummis’ proposal aims to take a more proactive stance on Bitcoin adoption at the federal level

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