The head of the White House Encryption Committee stated that it is only a matter of time before the encryption structure bill is passed

Patrick Witt, the head of the White House Crypto Committee, stated on X platform that the latest draft of the Crypto Market Structure Act released by the Senate Agriculture Committee is a high-quality bipartisan collaboration, with a similarity of over 80% to the text of the House CLARITY Act. The draft has received the support of the majority of Democrats in the Agriculture Committee and nearly 40% of the support in the House Democratic caucus. Patrick Witt emphasized that in the regulatory environment of Trump and cryptocurrency giants, it is only a matter of time before the legislation on the structure of the cryptocurrency market is passed. If the current window is missed, it may face stricter regulatory frameworks in the future.