At a February 4, 2025, press conference, David Sacks and key lawmakers announced plans to advance market structure legislation to regulate digital assets and keep crypto innovation in the U.S

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The lawmakers, which included House Financial Services Committee Chair French Hill, House Agriculture Committee Chair Glenn 'GT' Thompson, and Senate Agriculture Committee Chair John Boozman, also said market structure legislation would come up, referring back to last year's House passage of the Financial Innovation and Technology for the 21st Century Act (FIT21)
Hill said that a bill similar to FIT21 would move forward alongside a stablecoin bill in the House

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