Recently looking at how the US midterm elections could impact crypto, it really comes down to one thing:

There was an original opportunity to set rules, but now it might just get blocked.
Those bills people are arguing about are basically trying to legitimize stablecoins, exchanges, and these kinds of things, so the industry stops operating in this legal gray area.
If this could move forward, the industry would look more like traditional finance, and money would flow in more easily.
But the current issue is:
If the election results shift, people opposed to crypto end up in key positions.
They don't need to reject you outright—
they just have to avoid scheduling discussions, and these bills go nowhere.
So the feeling right now is really weird:
It's not that you got rejected,
it's that you never get a result.
Say it's bearish, and it doesn't crash you;
say it's bullish, and it doesn't lift you either.
It's more like
being strung along the whole time, never actually letting you get started.
#美国中期选举 # Stablecoins #Crypto