According to Patrick Witt, swift passage of the crypto market structure bill is urged amid a crypto-friendly Trump administration, though disputes over DeFi privacy, stablecoin yields, and tokenized securities continue.
Patrick Witt, executive director of the U.S. Presidential Digital Assets Advisory Council, urged rapid passage of a cryptocurrency market structure bill, citing a supportive Trump administration despite ongoing disagreements over DeFi privacy, stablecoin yields, and tokenized securities. Coinbase has withdrawn support due to concerns over the bill’s wording, and the Senate Agriculture Committee is scheduled to review the legislation on Jan. 27.