President Trump’s top crypto advisor is expressing cautious optimism that broad cryptocurrency legislation could soon become law.

Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, spoke Monday at an event hosted by the Solana Policy Institute in Brooklyn, noting that months ago negotiations involved a dozen issues that all felt “impractical, unsolvable”. But now:

“I’m encouraged by the fact that we solved a lot of these that felt unsolvable.”

Congress returns with crypto on the agenda

Congress is back in Washington after a two-week recess, and the Senate Banking Committee is expected to hold a hearing to amend and vote on the crypto legislation…