Crypto’s Architect: French Hill Demands Market Structure Overhaul for GENIUS Act
French Hill—dubbed the 'Father of Crypto Bills'—just dropped a regulatory bombshell. The Arkansas Congressman insists the current market structure framework needs serious tweaks, specifically targeting the long-awaited GENIUS Act.
Why Hill's Voice Matters
As one of crypto’s earliest political champions, Hill’s push isn’t just noise—it’s a signal. Lawmakers are finally acknowledging that existing financial frameworks can’t just be copy-pasted onto decentralized systems. The GENIUS Act, originally pitched as a comprehensive solution, now looks due for recalibration.
Market Realities vs. Regulatory Dreams
Hill’s critique zeroes in on practicality: legislation must enable innovation, not stifle it with legacy thinking. His call echoes a growing consensus that crypto-native laws should reflect actual market behavior—not force-fit old rules onto new tech. Because nothing says 'progress' like watching regulators try to regulate what they still don’t fully get.
What’s Next for GENIUS?
Expect debates, markups, and likely more industry input. Hill’s influence could steer the bill toward greater clarity on custody, exchange operations, and investor protections—without killing the crypto golden goose. After all, in Washington, even 'genius' moves need a little polishing.
Final thought: If traditional finance had its way, we’d still be trading tulips. Thankfully, crypto’s pushing ahead—with or without permission.