According to Odaily Planet Daily, Patrick Witt, Executive Director of the White House Digital Asset Advisory Council, stated at the 2025 Korea Blockchain Week conference that the Crypto Market Structure Act is expected to be passed by the end of 2025. The bill aims to establish a comprehensive regulatory framework for digital assets and will clarify the division of responsibilities between the CFTC and the SEC in crypto regulation. Witt emphasized that the White House is actively promoting the repatriation of overseas crypto companies and stated that the government is ready to engage in dialogue with the industry. Currently, the Republican-led CLARITY Act has passed the House of Representatives with bipartisan support, and the Senate has also introduced the Responsible Financial Innovation Act of 2025. (The Block)