【Lawyer: If the U.S. Congress fails to timely pass the GENIUS Act, cryptocurrency regulatory reform will be delayed until 2029】On May 15, supporting cryptocurrency lawyer John E Deaton issued a warning that if the U.S. Congress fails to timely pass the stablecoin GENIUS Act, substantial cryptocurrency regulatory reform may be delayed until 2029. This view is supported by Messari founder Ryan Selkis and others. Deaton criticized the U.S. regulatory attitude for its drastic swings between government changes, noting that current regulations still rely on a legal framework from the 1930s and 1940s. Selkis specifically pointed out that if the bill is not passed this week, cryptocurrency reform may be aborted during the future Trump administration.