BTCC
/
BTCC Square
/
Global Cryptocurrency
/
John Deaton Warns: Crypto Reforms Delayed Until 2029 Without GENIUS Act
John Deaton Warns: Crypto Reforms Delayed Until 2029 Without GENIUS Act
14
1
Pro-crypto lawyer John E. Deaton has issued a stark warning to the digital asset community: the window for meaningful U.S. crypto legislation may close until 2029 if Congress fails to pass the GENIUS Act. The prediction finds support from industry leaders like Messari founder Ryan Selkis, who echoes concerns about regulatory stagnation.
The GENIUS Act transcends typical crypto policy debates. Market analysts like Galaxy Research’s Alex Thorn frame it as a strategic dollar dominance initiative rather than niche digital asset legislation. This perspective positions the bill as bipartisan infrastructure critical for maintaining U.S. financial leadership in blockchain innovation.
By:
Previous
JPMorgan Settles First Public Transaction of Tokenized Treasuries in Landmark Blockchain Move
Next
Pi Network Unveils $100M Venture Fund to Fuel PI Ecosystem Expansion
