Crypto Regulation at Crossroads as 2025 Deadline Looms
The US Senate faces a narrowing window to pass landmark crypto legislation before the 2025 calendar expires. Four unresolved disputes—including stablecoin governance and SEC oversight boundaries—threaten to derail the bipartisan effort. Banking Committee Chair Tim Scott remains optimistic, citing "unprecedented alignment" between parties.
Industry leaders anticipate the bill could establish America's first comprehensive digital asset framework. The proposed rules would clarify DeFi treatment and official crypto holdings, though WHITE House pushback persists on ethics provisions. Market participants note regulatory certainty could trigger institutional capital inflows.
Key sticking points involve yield-bearing stablecoins and the SEC's jurisdiction over tokens. The debate mirrors global tensions between innovation and consumer protection, with policymakers racing against legislative expiration.
