Bitcoin Advocate Sees 2025 Legislation Driving Major Capital Inflows

On April 15, Dennis Porter, a prominent Bitcoin advocate and co-founder of the Satoshi Act Fund, expressed strong support for the upcoming crypto market structure legislation. He believes that this legislation could drive significant capital inflows into Bitcoin, potentially marking a major shift in policy and investment trends. Porter tweeted, “Once signed into law, the flood gates will be wide open and the rush of capital will be like nothing you’ve ever seen before. Massively bullish for Bitcoin.”

The proposed legislation, known as the Digital Asset Market Structure and Investor Protection Act, aims to clarify the regulatory environment for cryptocurrencies. It seeks to categorize crypto tokens as either securities or commodities, thereby dividing oversight between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This move is expected to bring much-needed structure to the previously unclear regulatory landscape.

Senator Tim Scott, chair of the Senate Banking Committee, revealed during a recent interview that the administration aims to pass the bill by August 2025. This timeline indicates a clear policy shift towards embracing digital assets, contrasting with the previous administration's skepticism. Scott emphasized the importance of innovation, stating, “We must innovate before we regulate. That means allowing innovation to happen here at home in the digital assets space is critical to American economic dominance.”

The proposed legislation also includes formal registration requirements for intermediaries such as exchanges and brokers. It integrates crypto assets into existing financial oversight structures, subjecting them to the Bank Secrecy Act for anti-money laundering (AML) compliance, reporting, and record-keeping. While digital assets and fiat-backed stablecoins will not be recognized as legal tender, they will require approval from the Department of the Treasury. The Federal Reserve is also poised to gain authority to issue digital currencies.

Dennis Porter has been a key figure in promoting pro-Bitcoin policies at the state level. In 2024, he supported the “Blockchain Basics Act” in Louisiana and the “Strategic Bitcoin Reserve Act” in Oklahoma, which allows up to 10% of state public funds to be invested in Bitcoin or large-cap digital assets. Texas has also advanced a similar bill to enable state investments in Bitcoin. Porter noted that several countries have shown interest in setting up national Bitcoin reserves, a development he sees as crucial for hyperbitcoinization.

With legislative progress at both state and federal levels, and institutions preparing to re-enter the market once legal clarity is achieved, the conditions are forming for a major Bitcoin rally. Porter's vision, combined with political will, regulatory clarity, and institutional interest, is seen as “massively bullish” for Bitcoin, potentially marking the dawn of its next major ascent.