David Sacks Discusses Potential Crypto Market Structure Bill with Senate Leaders
Following bipartisan meetings, White House crypto and AI chief David Sacks signaled potential passage of a U.S. crypto market structure bill in 2025, expanding regulatory clarity beyond stablecoins.
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Summary
White House crypto and AI policy lead David Sacks stated after bipartisan meetings with lawmakers that the U.S. could pass a crypto market structure bill this year. The legislation is intended to enhance regulatory clarity for the digital asset sector and build on the existing Stablecoin Innovation GENIUS Act framework.
Terms & Concepts
- Crypto Market Structure Bill: Legislation aimed at defining regulatory frameworks, operational structures, and compliance requirements for cryptocurrency markets in the United States.
- Stablecoin Innovation GENIUS Act: A U.S. law establishing rules and innovation frameworks for stablecoins, serving as a foundation for broader digital asset market regulation.