Breaking: Tim Scott Teases Major Senate Crypto Bill Drop Before September
Washington's finally waking up to crypto—or at least setting an alarm clock. Senator Tim Scott just fired the starting gun for what could be the most consequential digital asset legislation of 2025.
The Deadline:
Scott's team confirms draft language will hit the Senate floor by September. No details yet on whether this is a regulatory sledgehammer or a pro-innovation framework—but the timing screams 'election-year positioning.'
Why It Matters:
Markets hate uncertainty more than a Bitcoin maximalist hates altcoins. Clarity on stablecoins, custody rules, or even token classification could trigger the next institutional gold rush. Or, if the bill's stuffed with landmines, a nuclear sell-off.
The Cynic's Take:
Watch for Wall Street banks to 'suddenly discover' crypto expertise as lobbying efforts ramp up. Nothing unites politicians and financiers like the smell of fresh legislation to distort.