Trump Crypto Advisor Pushes for September Market Bill

• Lyla Velez
• June 27, 2025
• Policy
• 0 Comments

David Sacks, President Trump’s Special Advisor for Digital Assets, aims to push a significant crypto market structure bill to completion by September 2025, collaborating with Senators Tim Scott and Cynthia Lummis.

Spearheaded by David Sacks, the market structure bill aims for clarity in digital asset classifications by September 2025. Senators Tim Scott and Cynthia Lummis lead legislative efforts, promising structured SEC and CFTC responsibilities. Driven by past piecemeal guidance issues, the bill is poised to stabilize the industry.

The proposed legislation aims at defining clear jurisdictional boundaries between the SEC and CFTC, bringing market stability. Sacks emphasized the importance of collaboration and timely action in shaping the evolving landscape of digital currency regulations.

The bill’s enactment is expected to impact major cryptocurrencies such as Bitcoin and Ethereum, alongside regulated stablecoins. It promises to enhance investor protections and reassure institutions about entering the digital assets market. As a result, market expectations hinge on positive regulatory advancements encouraging increased institutional involvement.

Insightful projections from industry observers suggest the regulatory framework may lead to greater institutional confidence, boosting capital inflows. Historical precedents show that comprehensive governmental guidance often catalyzes industry growth, reinforcing stability.

David Sacks said:

“President Trump supports clarity on market structure and values stablecoin development and innovation.”