David Sacks Anticipates Crypto Market Structure Legislation in 2025

News Flash 2025-10-23 12:46

David Sacks, the U.S. "Crypto Tsar," expressed optimism about the passage of cryptocurrency "market structure" legislation this year. During meetings on Capitol Hill with Senate Banking GOP and Senate Ag GOP members, Sacks thanked Chairmen Tim Scott and John Boozman for their support. He also engaged with Democratic Party members, emphasizing the need for regulatory clarity in the crypto sector. Sacks highlighted that the proposed legislation would build on the "Genius Act" previously signed by President Trump. The discussions were attended by Patrick J. Witt, Executive Director of the White House Crypto Council, underscoring the administration's commitment to advancing crypto regulation.

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