Senate Banking Committee Eyes December Vote on Crypto Market Structure Bill
Senate Banking Committee Chairman Tim Scott (R-SC) anticipates a committee vote on pivotal crypto market structure legislation by December, potentially setting the stage for Senate floor consideration early next year. The Republican lawmaker framed the bill as a dual-purpose measure—bolstering consumer protections while cementing U.S. economic dominance in digital assets.
Scott's timeline follows months of delays, which he attributes to Democratic obstruction. The proposed legislation aims to position America as the global crypto capital, with Senator Scott explicitly linking its passage to long-term economic competitiveness. Market participants now watch for whether political realities align with this accelerated schedule.