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White House Finalizing Landmark Crypto Market Structure Bill by Year-End
The United States is moving toward a major milestone in digital asset regulation. According to Patrick Witt, Executive Director of the White House Council of Advisors on Digital Assets, the Crypto Market Structure Bill is expected to be finalized and signed into law by the end of 2025.
A legislative marathon in full swing Speaking at the Impact Conference during Korea Blockchain Week 2025, Witt said his team is working closely with both the House of Representatives and the Senate to ensure the proposal reaches President Donald Trump’s desk as soon as possible. “We’re unlocking what we can, serving as referees when there’s a deadlock, and stepping in when necessary,” Witt explained. “We respect the process, but we’re optimistic we’ll get it done by the end of the year.” The Crypto Market Structure Bill encompasses several separate proposals that will be merged into one comprehensive framework. Key elements include: The CLARITY Act, passed by the House in July with bipartisan supportThe Responsible Financial Innovation Act of 2025, introduced earlier this month by Senate RepublicansA clear division of oversight responsibilities between the CFTC and SEC in regulating cryptocurrencies This effort builds on the GENIUS Act, passed earlier this year, which laid the foundation for stablecoin regulation.
Full speed ahead According to Witt, the White House aims to create an environment that will bring crypto companies back to U.S. soil after many moved abroad due to previous regulatory barriers. “The United States is open for business, and in crypto we’re moving full speed ahead,” Witt stressed. “We want to bring back as many of these companies as possible that were pushed overseas by actions of the previous regime.”
Open dialogue with the crypto industry Witt added that the White House is committed to close engagement with innovators. “When we meet these companies, we gain a better understanding of what’s happening in real time. That allows us to make positive and informed decisions,” said Harry Jung, Deputy Director of the Presidential Council of Advisors on Digital Assets.
If the timeline holds, the United States could enter a new era by year’s end, with digital assets finally governed by a clear, comprehensive regulatory framework — integrating crypto into the official financial system.
#whitehouse , #Cryptolaw , #TRUMP , #CLARITYAct , #GENIUSAct
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