Early in Donald Trump’s term, his then-advisor David Sacks announced the administration’s intention to pass a stablecoin regulatory bill and a cryptocurrency market structure bill.
The White House missed its deadline on both of those bills but did eventually pass a stablecoin regulatory bill in the form of the GENIUS Act.
However, the market structure bill hasn’t yet been signed into law, and tomorrow is the White House’s new July 4 deadline for this legislation.
Read more: Crypto Czar and Republican Congressmen hope for legislation
Patrick Witt, one of Trump’s current advisors, previously stated the White House was targeting July 4 for the signing, saying, “I think that would be a tremendous birthday…
