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ToggleUS cryptocurrency market framework law could be passed before the end of 2025.
Patrick Witt, Executive Director of the White House Advisory Council on Digital Assets, has just affirmed that he expects the framework bill to regulate the cryptocurrency market to be passed by the US Congress before the end of 2025.
Speaking at the Impact Conference event within the framework of Korea Blockchain Week 2025 on September 23, Witt said the White House is working closely with both the Senate and the House of Representatives to speed up the legislative process, aiming to soon bring this bill to President Donald Trump's desk for signature.
“We are clearing the gaps, Vai as referees where there are bottlenecks, and engaging in coordination where necessary. We respect the process and are optimistic that the bill will be completed before the end of the year,” he stressed.
Several bills will be merged into a comprehensive legal framework
The Cryptocurrency Market Framework Bill is not a single piece of legislation, but rather a combination of several separate bills in various stages of development. The most prominent of these is the Republican-led CLARITY Act , which passed the House of Representatives in July 2025 with bipartisan support.
Additionally, in early September, Senate Republicans introduced the Responsible Financial Innovation Act 2025 , which adds key regulatory principles.
Common to these efforts is a move toward a comprehensive legal framework for digital assets, particularly a clear demarcation of regulatory authority between the Commodity Futures Trading Commission (CFTC) and the US Securities and Exchange Commission (SEC) in the cryptocurrency sector.
Previously, in early 2025, Congress also passed the Genius Act – a set of foundational principles specifically for stablecoins, laying the foundation for further legislative steps.
Trump Administration: Opening the Door for Cryptocurrency Businesses to Return to the US
Patrick Witt asserted that the Trump administration is proactively opening up the market, aiming to encourage cryptocurrency companies to return to operate in the US after years of "brain drain" abroad due to the strict policies of the previous administration.
“The United States is open to this industry again. We are moving forward at full speed. The goal is to bring as many companies as possible back to American shores that were displaced by previous decisions,” he said.
Harry Jung, Deputy Director of the White House Digital Asset Advisory Council, added that the agency maintains direct connections with the business community: “We are just a call away. When we meet with innovators and companies, we get a clearer picture of the market reality, which allows us to make better and more positive decisions.”
Contact the latest context
The legislative push comes as countries like South Korea, Singapore and the European Union are accelerating the completion of digital asset management frameworks. The US does not want to fall behind in this race, especially when President Donald Trump has repeatedly emphasized that the US must be the “global center of blockchain and cryptocurrency innovation”.
Just a few weeks ago, Trump also met with a group of leading CEOs in the Web3 field in Washington DC, affirming that he would create a more favorable environment for technological innovation, while limiting the situation where American businesses have to register and operate in other countries.
At the current pace of negotiations, observers believe that the passage of the cryptocurrency market framework bill before the end of 2025 is feasible, opening a new phase for the blockchain industry in the US and globally.
