The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

CryptoMediumUpdated•Originally published 12 April 2026•Updated 13 April 2026•

1 min read

White House Signals Progress on Bitcoin Market Structure Bill Expected in April

Golden Bitcoin coins and wallets in front of the US Capitol building and American flag, with an upward trend graph.

Key Facts

1The White House signaled growing confidence that a Bitcoin (BTC) market structure bill will advance within April.

about 2 months ago

Version History

4 additional sources confirmed this story

Version 1about 2 months ago

What changed: Identified the legislation as the 'Clarity Act', added Patrick Witt's commentary on stablecoin risks, and included a long-term price target from EMJX.

The White House has signaled growing confidence that a comprehensive Bitcoin (BTC) market structure bill will advance during April. Patrick Witt, Executive Director of the President's Council of Advisors on Digital Assets, expressed "cautious optimism" regarding the proposed legislation, now identified as the "Clarity Act." Witt further noted that yields generated by stablecoins pose limited risks to the traditional banking sector, addressing a key regulatory concern. This legislative push aims to establish a definitive framework and reduce "regulation by enforcement" risks that have historically pressured the digital asset industry. Adding to the long-term bullish sentiment, EMJX CEO Eric Jackson projected that Bitcoin could reach $50 million by 2041, driven by "Gen 2" digital asset treasury strategies. Investors remain focused on the bill's progress and its potential impact on major instruments including BTC/USD, ETH/USD, and Coinbase (COIN) shares.