The US senator explained when the expected large Bitcoin and crypto currency reform regulation would pass!

Senator Tim Scott, President of the Senate Banking Committee, is eagerly anticipated Crypto para He announced that the market structure bill is expected to be enacted until August 1, 2025.

Scott said in a recent statement that it is important to encourage innovation in the field of digital assets before bringing heavy arrangements.

“There was a clear resistance to crypto during the period Gary Gensler, the President of the Biden Management and SEC said:“ What I often say is simply: We should make innovation before the arrangement. ”

Senator said that the United States should support domestic crypto innovation to maintain the leadership of the global digital economy. “Allowing innovation in the field of digital being here is critical for the world’s economic dominance in the world,” he said.

Scott also touched upon the recent progress of the GENIUS Act, a comprehensive stablecoin regulation framework, which was successfully accepted by the Senate Banking Committee in March 2025. He described the legislation as a very important step towards creating a regulatory basis that supports crypto innovation instead of drowning.

Describing the Genius law as a two -party success, Scott appreciated the rapid movement of the committee and gave an optimism signal for the progress of the larger crypto market structure legislation. “You’ll handle things in this way,” he said.

Scott also pointed out the President Donald Trump’s attitude towards digital assets and said, “President Trump is leading a crypto revolution starting from the Banking Committee,” he said.

With the increase in both political and legal acceleration, Senator Scott once again confirmed that crypto monetary policy continued to be the most important priority for the congress in 2025.

*It is not an investment advice.