Breaking: Trump Adviser David Sacks Reveals U.S. Crypto Bill Nears Major Milestone—’Great Progress’ Made

Crypto's Washington Breakthrough: Sacks Drops Bombshell Update

The long-awaited U.S. crypto regulatory framework just got its most bullish signal yet—straight from a Trump insider's mouth.

David Sacks, the PayPal Mafia veteran turned political power broker, dropped a tantalizing hint about the bill's advancement during a private gathering of crypto elites. No specifics—just the kind of vague political promise that sends traders scrambling to front-run legislation.

Washington's Crypto Chess Game

Behind closed doors, lobbyists are reportedly hammering out compromises that could finally give exchanges regulatory certainty—or just create new loopholes for the usual Wall Street suspects to exploit. The bill's progress suggests even partisan gridlock can't stop crypto's institutionalization.

One banking exec quipped: 'They'll regulate stablecoins right after they audit the Fed.'

This political theater matters because clarity could unleash billions in institutional capital currently sidelined by regulatory ambiguity. Or it might just prove politicians still don't understand blockchain—but sure love the campaign donations.

President Donald Trump’s crypto and AI adviser, David Sacks, said on Thursday that discussions on the U.S. crypto market structure bill are showing “great progress.” In a post on X, Sacks expressed confidence that a bipartisan draft of the legislation would be ready in the near future.

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