Senator Tim Scott, chairman of the US Senate Committee on Banking, Housing, and Urban Affairs, recently said that he expects a crypto market bill to be passed in the law by August 2025.
The Chairman also noted the Development of the Senate Banking Committee in March 2025, a comprehensive Establishment Regulatory Bill, as evidence that the committee prefers crypto policy. In a statement to Fox News, Scott said:
“We must innovate before regulating – innovation in place of digital assets at home is essential for US economic dominance all over the world.”
Scott’s timeline for the crypto market structure, the CRIPTO Industry Advocacy Group Blockchain Association’s CEO, with the expectations of Kirsten Smith, is being passed in the law, with the expectations of market structures and stubborn legislation.
The Trump administration has emphasized that the comprehensive crypto’s comprehensive rules are central to the country’s establishment as a global leader in digital assets by attracting US dollar value and attracting investment in US -based crypto firms.
Senator Tim Scott highlighted the goals and achievements of the Senate Banking Committee in 2025. Source: Fox News
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Support for Comprehensive Crypto Rules and Regulations is two -way
US lawmakers and officials are expected to establish clear crypto policies in 2025 with the Congress’s bilateral cooperation and will at some point in the law.
Addressing a summit of digital assets in New York City March 18, Democrat representative Rouhanna said he expects both market structures and the Stabon Bills passing this year.
The Democratic legislator added that there are about 70 70-80 other representatives in the party who understand the importance of passing clear digital assets rules in the United States.
Treasury Secretary Scott Basant, left, President Donald Trump, President Donald Trump at the Center, and the White House Crepto Summit in the Cryptozar David Sex, in the right photo. Source: White House
Khanna emphasized that fellow Democrats support the dollar -related stubborn because of the dollar token role in raising US dollar demand through the Internet.
Boys, Executive Director of the President of the Council of Advisors on Digital Assets, also spoke at the conference and predicted that the Stabbicon Legislature would be passed in the law within 60 days.
Hayes highlighted that establishing a US dominance in the digital asset space is a goal that has widespread bipartison support in Washington DC.
Magazine: How are Crypto rules around the world changing in 2025
