Senator Tim Scott: Confident that the Market Structure Bill will pass before August

2025-04-13 08:03:46

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ChainCatcher News, U.S. Senate Banking Committee Chairman Tim Scott recently stated that the cryptocurrency market structure bill is expected to be passed by August 2025. He noted that the committee has advanced key cryptocurrency regulatory issues, such as the "GENIUS Act," this March, reflecting the priority given to cryptocurrency policy. Scott emphasized that "innovation must come before regulation" to ensure the United States maintains its global economic leadership in the digital asset space. This timeline is also consistent with the expectations of Blockchain Association CEO Kristin Smith. Several Democratic lawmakers have also expressed support for market structure and stablecoin legislation, pointing out that there is broad bipartisan consensus in Congress on this issue.

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