CoinVoice has learned that, according to The Block, Patrick Witt, Executive Director of the U.S. President's Advisory Council on Digital Assets, stated that the Market Structure Bill should be pushed through as soon as possible under the current pro-cryptocurrency atmosphere of the Trump administration. He pointed out that although the draft still contains controversies, including restrictions on DeFi privacy, stablecoin yields, and tokenized securities, "compromise is necessary." Previously, Coinbase withdrew support for the bill draft due to related wording. Witt emphasized that rather than waiting for a potentially more stringent Democratic version in the future, it is better to seize the current legislative opportunity. The Senate Agriculture Committee will review the bill on January 27.
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CoinVoice has learned that, according to The Block, Patrick Witt, Executive Director of the U.S. President's Advisory Council on Digital Assets, stated that the Market Structure Bill should be pushed through as soon as possible under the current pro-cryptocurrency atmosphere of the Trump administration. He pointed out that although the draft still contains controversies, including restrictions on DeFi privacy, stablecoin yields, and tokenized securities, "compromise is necessary." Previously, Coinbase withdrew support for the bill draft due to related wording. Witt emphasized that rather than waiting for a potentially more stringent Democratic version in the future, it is better to seize the current legislative opportunity. The Senate Agriculture Committee will review the bill on January 27.