White House Cryptocurrency Committee Head: The passage of the Crypto Structure Act is only a matter of time; currently the best legislative window

Odaily Planet Daily reports that Patrick Witt, head of the White House Cryptocurrency Committee, posted on the X platform that the latest draft of the U.S. Senate Agriculture Committee’s Crypto Market Structure Act is a high-quality bipartisan collaboration result. Its text is over 80% similar to the House CLARITY Act. It has previously received support from the majority of Democrats on the Agriculture Committee and nearly 40% support within the House Democratic caucus. He also emphasized that under the regulatory environment of Trump and Crypto Ouhou, crypto market structure legislation is “only a matter of time.” Missing the current window could lead to a future with more stringent and punitive regulatory frameworks.