SEC Chair Urges Fast-Track Crypto Market Structure Bill as White House Sets Deadline
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has called for accelerated efforts to pass a comprehensive crypto market structure bill, with the White House targeting 2025 for its enactment. Speaking to Fox Business, Atkins emphasized the SEC's collaboration with Congress to address regulatory gaps and provide technical guidance on securities law.
The push follows the passage of the GENIUS Act, which granted statutory recognition to stablecoins, signaling growing legislative momentum. Atkins stressed the need for a clear market structure framework that mandates coordination between the SEC and the CFTC through joint rulemaking.
President Trump's direct intervention underscores the White House's active role in shaping digital asset policy. The administration has set a firm deadline for the crypto Assets Market Structure Act to reach the president's desk.