U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has called on lawmakers to accelerate efforts to pass a comprehensive crypto market structure bill, while the White House expects it to be passed in 2025.
Speaking in an interview with Fox Business, Atkins said the agency is working closely with both the House and Senate to provide technical support on securities law and address existing gaps in oversight.
He added that the next priority is establishing a clear market structure framework that directs both the SEC and the CFTC to coordinate through joint rulemaking.
“We want to see this get over the finish line,” Atkins said, referencing recent progress in Congress. He pointed to the passage of the GENIUS Act earlier this year, which gave statutory recognition to stablecoins, as evidence of growing momentum.
White House Council of Advisors on Digital Assets executive director Patrick Witt reiterated at Korea Blockchain Week that the bill is expected to pass, describing it as a step toward reducing uncertainty in the crypto sector by clarifying SEC and CFTC jurisdictions.
The turnaround came following direct intervention from President Trump, showing the White House’s role in shaping the digital asset agenda. The administration has set a deadline for the Crypto Assets Market Structure Act to reach President Trump’s desk by the end of 2025.
