Patrick Witt, Executive Director of the White House Digital Asset Advisory Committee, announced at the 2025 Korea Blockchain Week that the U.S. crypto market structure bill is expected to pass by the end of 2025. The legislation aims to establish a comprehensive regulatory framework for digital assets, clarifying the roles of the CFTC and SEC in crypto regulation. Witt emphasized the White House's efforts to encourage overseas crypto firms to return to the U.S. and expressed the government's readiness to engage with the industry. Currently, the Republican-led CLARITY Act has gained bipartisan support in the House, while the Senate has introduced the 2025 Responsible Financial Innovation Act. These legislative efforts reflect a significant push towards clearer regulatory guidelines for the crypto industry.