White House Advances Comprehensive Cryptocurrency Legislation Framework
The White House is accelerating efforts to establish a legal framework for the U.S. cryptocurrency market by year-end, as revealed by Patrick Witt of the White House Digital Assets Advisory Council at Korea Blockchain Week 2025. The initiative involves collaboration with Congress and aims to resolve regulatory bottlenecks.
Key legislative components include the CLARITY Act, which passed the House with bipartisan support, and the Responsible Financial Innovation Act of 2025. These measures seek to clarify jurisdictional boundaries between the CFTC and SEC, creating a structured environment for digital assets.