U.S. Senate Banking Committee Chairman: The Crypto Market Structure Bill Will Be Completed Before September 30

U.S. Senate Banking Committee Chairman Tim Scott informed White House cryptocurrency advisor Bo Hines that the crypto market structure bill will be completed before September 30. This timeline is later than the target set by President Trump to complete it before the August congressional recess, but earlier than Senator Cynthia Lummis's previous prediction of completion by the end of the year. Scott stated at a press conference, "Completing the market structure legislation by the end of September is a realistic expectation," to which Lummis expressed support.

Previously, the Senate passed the stablecoin regulatory bill, the 'Genius Act', focusing on the standardization of stablecoin regulations. If the crypto market structure bill is completed on time, it is expected to provide a clearer regulatory framework for the U.S. cryptocurrency industry. #稳定币立法 $BTC