McHenry Predicts Rapid Completion of Crypto Regulations

Expectation of Rapid Progress for Crypto Regulations

Patrick McHenry and Witt discussed the growing momentum regarding cryptocurrency legislation. Despite ongoing discussions about the law, issues related to returns, Decentralized Finance (DeFi), and ethics continue to be on the agenda.

McHenry predicts that a draft of a market structure law could reach the President's desk by New Year's Eve. In this process, Witt notes that President Donald Trump has personally prioritized this legislation. Support for these regulations has increased, especially following the passage of the Genius Act.