Is a Strategic Bitcoin Reserve Closer to Becoming Law? A House Panel Just Voted 28-21

Crypto Insight Summary: Two House committees advanced crypto legislation on Wednesday, approving a bill to establish a Strategic Bitcoin (BTC) Reserve and a separate measure setting federal tax rules for digital assets. The votes arrived one day after the Senate failed to invoke cloture on the CLARITY Act. The vote stalled a key effort to establish a clearer Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Strategic BTC Reserve bill's advancement signals institutional adoption potential.