U.S. Crypto Market Structure Bill Targeted for Completion by September 30

Senator Tim Scott, chairman of the Senate Banking Committee, has set a September 30 deadline for finalizing legislation to regulate the U.S. cryptocurrency markets. The timeline, communicated to a White House adviser, aligns with broader Republican efforts to establish clear rules for digital assets.

The Senate is pushing to reconcile its approach with the House of Representatives, which previously advanced its own Digital Asset Market Clarity Act. Stablecoin regulation, already passed by the Senate, remains a priority for swift House approval.

Senator Cynthia Lummis, leading the digital assets subcommittee, affirmed the committee's commitment to the chairman's timeline. Meanwhile, House lawmakers continue to deliberate their strategy for both market structure and stablecoin bills.