Pro-cryptocurrency lawyer: U.S. stablecoin bill must pass this session

It has been pointed out that the GENIUS Act, a bill to regulate stablecoins in the United States, must be passed within this session of the Diet.
John Deighton, a lawyer known for his pro-cryptocurrency leanings, said on the 14th (local time) that “the U.S. Congress has
"If the bill is not passed quickly, cryptocurrency-related legislation could be delayed until the next administration takes office in 2029," he warned.
Regarding the GENIUS Act, he said, "This bill is not simply a regulation of virtual currencies, but a bill to maintain dollar hegemony."
"It's an issue that should be supported by both parties," he said. Meanwhile, the Genius Act is reportedly close to a final agreement to resume deliberations.