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White House Signals Crypto Bill Could Pass by Year-End, Paving Way for Clear Rules
- SEC Chair Paul Atkins is urging Congress to quickly finalise the Crypto Market Structure Bill, aiming to provide a stable regulatory platform for the crypto industry.
- The proposed legislation, which is a combination of bills like the CLARITY Act and the Responsible Financial Innovation Act of 2025, is intended to clarify the jurisdictional responsibilities of the SEC and the CFTC over digital assets.
- Both Atkins and the White House Council of Advisors on Digital Assets believe the bill can be passed and sent to President Trump’s desk before the end of the year.
The US Securities and Exchange Commission (SEC) chair, Paul Atkins, urged Congress to move faster on the Crypto Market Structure, aligning with the White House’s push to finalise it before year-end.
In an interview with Fox Business, Atkins said the agency is working with lawmakers in both chambers to provide legal guidance and close regulatory gaps.
The next step, according to Atkins, is creating a market structure bill that clarifies responsibilities between the SEC and CFTC through coordinated rulemaking. The White House has set 2025 as the deadline for the measure.
We’re trying to give the marketplace some kind of stable platform upon which they can introduce new products, and now we’re focusing on doing rulemaking in the coming months so we can future-proof these rules and relationships between regulators.
Paul Atkins, SEC Chairman. Related: Coinbase CEO Sees Strong Bipartisan Momentum for US Crypto Market Bill
The Push For a Well-Established Crypto Framework
Atkin’s comments come as Patrick Witt, executive director of the White House Council of Advisors on Digital Assets, said he anticipates Congress to wrap up the market structure bill before year-end.
Witt said the council is working with lawmakers in both chambers to move the legislation forward and deliver it to Trump’s desk. He described the council’s role as removing obstacles, mediating disputes, and providing input when needed, yet respecting congressional procedure.
The Crypto Market Structure Bill is basically a conglomeration of multiple prior bills brought together, all expected to converge into a single framework. For instance, the House passed the CLARITY Act in July with bipartisan backing. Earlier this month, Senate Republicans introduced the Responsible Financial Innovation Act of 2025.
Related: XRP & DOGE ETFs Smash Debut Records Amid Ripple-led Tokenised Funds Roll-Out
Author
José Oramas
José is a journalist and translator with a keen interest in blockchain and cryptocurrencies.
