John Deaton Warns: Crypto Reforms at Risk Without GENIUS Act

Crypto lawyer John E. Deaton has sounded the alarm, warning that progress on crypto legislation may be stalled until 2029 unless Congress passes the GENIUS Act swiftly. If action isn’t taken now, strong regulatory reform could remain out of reach until at least 2029, according to Deaton and other industry experts like Ryan Selkis, founder of Messari. The potential delay underscores the urgency of enacting meaningful crypto regulations.