Trump administration's recent密集 rollout of crypto policies may be primarily driven by midterm election pressure.

Odaily Planet Daily News Last week, the CLARITY Act officially passed the review of the US Senate Banking Committee. Early this week, Trump's digital assets advisor Patrick Witt stated that an announcement regarding the US Bitcoin strategic reserve is expected within the coming weeks. Additionally, the US SEC may introduce a tokenized stock "innovation exemption," and Trump signed a crypto-friendly executive order today. Some analysts believe Trump's primary motivation may stem from the pressure of the US midterm elections. Historically, the president's party often loses seats in midterm elections, with current predictions suggesting Democrats could retake the House while Republicans only hold the Senate. Trump needs to use relevant policies to attract young, tech-savvy, and libertarian voters, tying this to the "American Innovation Leadership" narrative. The crypto lobbying group Fairshake has become a major financial backer behind Trump, and he also needs to fulfill his pre-inauguration crypto-friendly promises to secure further donations.