The Trump administration has recently launched a series of encryption policies, with midterm election pressure likely to be the main driving force Odaily Planet Daily News: Last week, the CLARITY Act officially passed the review of the United States Senate Banking Committee. Earlier this week, Patrick Witt, a digital asset advisor to Trump, stated that the announcement of the US Bitcoin strategic reserve is expected to be released in the coming weeks. In addition, the US SEC may launch an "innovation exemption" for tokenized stocks, and Trump signed a crypto friendly executive order today. Some argue that Trump's main motivation may stem from the pressure of the midterm elections in the United States. In history, presidential parties have often suffered defeats in midterm elections. Current predictions indicate that the Democratic Party may regain control of the House of Representatives, while the Republican Party only holds onto the Senate. Trump needs to attract young, tech savvy, and libertarian voters through relevant policies and bind them to the narrative of 'American innovation leadership'. The crypto lobbying group Fairshake has become a major backer of Trump, and Trump also needs to fulfill his promise of crypto friendliness before taking office to gain more donations.