White House Aide Predicts Crypto Bill Passage This Year

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A key White House official expects a major crypto market structure bill to become law by the end of 2025.

Patrick Witt, of the White House Council on Digital Assets, stated at Korea Blockchain Week that his team is working with Congress to resolve disputes and move the legislation forward.

The bill would combine several legislative efforts to create clear rules for the industry, defining whether the SEC or CFTC takes the lead on regulating different digital assets.

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