David Sacks calls on the crypto industry to use the buffer period to resolve differences

David Sacks, the White House's head of cryptocurrency and artificial intelligence, stated that the likelihood of passing crypto asset market structure legislation is now near a historic high, and the crypto industry should use the current buffer period to resolve remaining differences. He emphasized that now is the best time to establish industry rules and safeguard future development. The White House will continue to work with Senate Banking Committee Chairman Scott, committee members, and industry stakeholders to promote the swift passage of bipartisan-supported legislation.