2026-01-08 17:26:15

The latest annual report from the US crypto advocacy organization Stand With Crypto shows a positive signal: last year, 675,000 new participants joined nationwide, bringing the total number of participants to over 2.6 million. What does this reflect behind the scenes? It is the tense push around federal digital asset market structure legislation.

This legislation, referred to by the Senate as the "Responsible Financial Innovation Act," is accelerating. The Senate Banking Committee will mark it up next week, and the Agriculture Committee has also scheduled a recent review. Once passed, it will be the most significant legal framework faced by the crypto industry since 2009 — it means the US Commodity Futures Trading Commission will gain more regulatory authority over digital assets.

Why is this matter worth paying attention to? Because voting attitudes directly relate to lawmakers' prospects for re-election in 2026. With 435 House seats and 33 Senate seats up for re-election, the Democratic Party is eager to regain the majority. In other words, this legislative vote has already become part of lawmakers' political calculations.

Another industry voice comes from The Digital Chamber, which has been actively promoting dialogue between Congress and the industry before the legislative markup. However, industry insiders are also worried: a possible government shutdown at the end of January could become a process killer, delaying the entire timetable.

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LayerZeroJunkie

· 01-09 09:49

2.6 million people... It shows that this time they are really serious, not just empty talk. Politicians are calculating their political gains more precisely than anything else. The lawmakers probably won't really kill crypto just for re-election, haha. --- Once this "Responsible Financial Innovation Act" is implemented, the CFTC's powers will soar... Next year, this industry will definitely undergo another reshuffle. --- It still depends on whether they will really shut down at the end of January. That would be the real thing that could kill all progress. --- 2.675 million people, it feels like this number keeps rising every time, but why does it still stay the same during the crucial votes? --- The Digital Chamber is promoting dialogue, but I doubt whether the lawmakers are really listening... In the face of political interests, everything is just talk. --- Wait, is someone quietly working behind the rapid legislative push? --- Honestly, this time feels more urgent than ever before, maybe something really is about to change.

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FallingLeaf

· 01-08 17:55

2.6 million people... Is this number real or just hype? I always feel that data from these advocacy organizations should be taken with a grain of salt. Binding crypto legislation to political votes, a textbook case. Lawmakers are all scheming. CFTC gaining authority—what sounds good is regulatory framework; what sounds bad is a shackle. Whether it's a positive or negative development is really hard to say. The government shutdown at the end of January is a bit annoying, and now it might be delayed again? Actually, the Stand With Crypto move is just about creating momentum. Claiming 2.6 million participants sounds impressive, but how many of them will actually vote?

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MergeConflict

· 01-08 17:55

2.6 million people? The number looks good, but what can it actually promote... When the CFTC's authority expands, regulation will have to be a hassle again. --- Political calculations are really on point; lawmakers vote for re-election, but our interests instead become bets. --- NGL, the government shutdown is the most annoying thing; every time, it becomes the executioner of progress. --- The number of Stand With Crypto is indeed rising, but whether it can truly withstand the iron fist of regulation remains to be seen. --- Wait, the CFTC is taking over digital asset regulation? What about the SEC... are they going to split authority and bicker again? --- It's ridiculous that the Agriculture Committee is reviewing this matter; it's hilarious.

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CommunitySlacker

· 01-08 17:51

2.6 million people? That number is growing quite rapidly. Before the 2026 elections, this will definitely be an interesting vote... --- Basically, it's a political game. Lawmakers are counting votes. Anyone who dares to touch crypto will have to weigh the consequences. --- Is it true that the government shutdown is causing trouble? This pace is indeed a bit desperate. --- The CFTC's authority has expanded, but how it will be used remains to be seen. Regulation versus support makes a huge difference. --- 2.6 million vs political interests, haha... I bet politics will win. --- So our votes still count in Washington? That's pretty interesting. --- Instead of worrying about legislation, it's better to think about when the shutdown can be avoided... --- This wave is indeed about the entire ecosystem making a weight, seeing who can outdo whom.

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