White House Signals Bipartisan Push to Pass Cryptocurrency Market Structure Legislation, Building on the American Stablecoin Innovation GENIUS Act

COINOTAG News reports that David Sacks, who directs the White House cryptocurrency and artificial intelligence policy portfolio, told members of Senate committees on Capitol Hill that a credible, bipartisan path to cryptocurrency market structure legislation exists this year. He framed regulatory clarity for the sector as a central outcome and highlighted momentum tied to the Stablecoin framework envisioned by the GENIUS Act, signed into law by the President earlier in the year.

Industry participants should monitor the dialogue for concrete policy details, including supervisory roles, capital requirements, and consumer protections that accompany a potential market restructure. A clear framework could attract institutional capital, expand risk-management practice, and align exchanges, wallets, and payment rails under uniform compliance standards. If enacted, the legislation would represent a watershed shift in cryptocurrency governance, supporting market maturation while preserving prudential safeguards for investors and the broader financial system.