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Senator Tim Scott (R-SC) states that US lawmakers are trying to make the laws of the crypto market to be completed by September this year.
Tim Scott sets up September 30 Crypto Market Structure term
Will appear in a chat on a fire on a hill Capitol Together with his colleague Senator Cynthia Lummis (R-Wy) and the head of the Presidential Council of Counselors for the White House’s digital assets, he said he was looking at the term 30 September to complete the long-awaited legislation.
“I think these are realistic expectations,” said the chairman of the US Senate Banking, Housing and City Affairs.
“As mentioned today, by the end of September we are determined to carry out the market structure,” Hines said in the position of June 26. “Period.”
Key crypto players celebrate
After messages several key cryptal heavy weights shared their enthusiasm The development of digital assets.
“A clear way forward,” said Coinbase CEO Brian Armstrong. “Thank you, David Sacks for fulfilling the White House’s commitment to work with Senator Tim Scott and Senator Cynthia Lummis to supply the market structure in September.”
We thank the President of the Senate of the Banking Committee @Senatortimscott and Chairman of the Subcommittee on Digital Assets @Senlummis To announce a clear timeline and a plan of comprehensive legislation structure of the market crypto:
Bill introduced before August niche
Mark the first week…
– David Sacks (@davidsacks47) June 26, 2025
“Gaining complex legislation on the structure of the cryptomic structure is very necessary for years,” said Colin McCune, head of government affairs in A16z. “We incredibly support this effort to make it happen by September 30.”
“American consumers and crypto builders need clear and effective rules and we are ready to do it,” he added.
Scott’s updated legislative time frame comes in the middle of an example Congress crypto activity under the new crypto-friendly white house.
At the beginning of this month, the Senate passed the law on genius and described the victory for the Stablecoin orientation legislation.
In the performance at CNBC, Lummis warned this week that Congress had to go through both the legislation of the market crypto and the genius by the end of 2025.
“I’m not saying combining them, but they both have to go through this year,” Lummis said.
With the term 30 September now in the works for the structure of the market crypto, it seems that 2026 can start with new crypto instructions.
Contribution Senator Tim Scott sets 30 September term for crypto market legislation He appeared for the first time Cryptonews.
