BREAKING: French Hill Confirms GENIUS Act & Crypto Bills Still in Play for 2025 Passage

Crypto's legislative Hail Mary might just connect. Representative French Hill (R-AR) just signaled that two major digital asset bills—including the controversial GENIUS Act—aren't dead yet. Here's why Washington's gridlock might finally crack.

The Backroom Momentum

Hill's comments suggest backchannel negotiations are heating up. The GENIUS Act—a bipartisan effort to streamline crypto taxation—has been stuck in committee purgatory since Q1. Meanwhile, the broader 'crypto market structure' bill now has revised language targeting Democratic holdouts.

Why This Time's Different

Three words: election year leverage. With both parties desperate for wins (and donor cash), crypto's suddenly a bargaining chip. The SEC's recent enforcement blitz backfired—pushing even skeptics toward legislative fixes. 'Voluntary compliance' sounds better than another $2B settlement headline.

The Cynical Take

Wall Street's already pricing in regulatory capture. BlackRock's BTC ETF inflows hit $18B this week—institutions always bet on the house rewriting the rules. Mainstreet bags the volatility; suits get the arbitrage. Classic.

Watch for last-minute amendments dropping before August recess. If Hill's right, we're getting crypto law—whether the system's ready or not.