David Sacks: This year, we are fully capable of legislating the structure of the crypto market to bring regulatory clarity to the industry.

On October 23, David Sacks, the White House cryptocurrency and artificial intelligence director, stated: “Today I met with Senate members on Capitol Hill and had productive discussions with key Democratic members. I believe we are fully capable of passing legislation on crypto market structure this year with bipartisan support, which will ultimately bring much-needed regulatory clarity to the Crypto Assets industry and solidify the success of the American Stablecoin Innovation GENIUS Act signed by President Trump earlier this year.”

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