U.S. Crypto Policy Costs Will Be All Set by September 30th, Says Tim Scott
The post U.S. Crypto Guideline Costs Will Be Prepared by September 30th, Says Tim Scott appeared on BitcoinEthereumNews.com. The post U.S. Crypto Regulation Expense Will Be Ready by September 30th, States Tim Scott appeared first on Coinpedia Fintech News After months of debate, the U.S. crypto regulation expense is now expected to be finalized by September 30, according to Senator Tim Scott, chairman of the Senate Banking Committee. Speaking at a Capitol Hill press event, Scott validated that the legislation– covering both stablecoins and wider crypto guidelines– is on track for completion by the end of September.
NEW: SENATE BANKING CHAIR SCOTT SAYS MAJOR #BITCOIN AND CRYPTO BILLS WILL BE GONE BY AUGUST “DIGITAL ASSETS ARE CRITICAL TO AMERICAN DOMINANCE.” pic.twitter.com/f3B0nN3Drg— The Bitcoin Historian (@pete_rizzo_) April 12, 2025
Trump’s Timeline vs. Congress Reality President Donald Trump had promoted crypto laws to be ready by August. While that won’t happen, Scott’s updated timeline is still faster than what many anticipated. Just a day earlier, Senator Cynthia Lummis had actually suggested the procedure might drag into year-end. During the event, she tossed her assistance behind Scott’s deadline, stating, “Yes, sir. You’re the chairman, and we will do as you wish.”
GENIUS Act Ready– However House Still Thinking twice A big piece of the puzzle is the GENIUS Act, an expense focused on managing stablecoins. The Senate passed it last week, and Scott advised your home of Representatives to fast-track it to the President’s desk, lining up with Trump’s position. “The president’s required to move the GENIUS Act immediately remains in the best interest of the American individuals,” Scott stressed. [post_titles_links postid=”475444 ′ ′] White Home crypto advisor Bo Hines backed the push, applauding both Scott and Lummis for remaining aligned with the administration’s crypto vision. However not everybody’s in sync. Agent French Hill from the House Financial Providers Committee pointed out that differences still exist in between the Senate’s version and the House’s stablecoin bill. That …
The post U.S. Crypto Regulation Costs Will Be Prepared by September 30th, Says Tim Scott appeared on BitcoinEthereumNews.com. The post U.S. Crypto Regulation Costs Will Be All Set by September 30th, States Tim Scott appeared initially on Coinpedia Fintech News After months of debate, the U.S. crypto policy costs is now anticipated to be finalized by September 30, according to Senator Tim Scott, chairman of the Senate Banking Committee. Speaking at a Capitol Hill press event, Scott confirmed that the legislation– covering both stablecoins and broader crypto policies– is on track for conclusion by the end of September. White Home crypto adviser Bo Hines backed the push, applauding both Scott and Lummis for remaining aligned with the administration’s crypto vision.
The post U.S. Crypto Guideline Expense Will Be All Set by September 30th, States Tim Scott appeared initially on Coinpedia Fintech News After months of debate, the U.S. crypto guideline bill is now expected to be settled by September 30, according to Senator Tim Scott, chairman of the Senate Banking Committee. Speaking at a Capitol Hill press event, Scott confirmed that the legislation– covering both stablecoins and more comprehensive crypto guidelines– is on track for conclusion by the end of September. White House crypto consultant Bo Hines backed the push, applauding both Scott and Lummis for remaining lined up with the administration’s crypto vision.
The post U.S. Crypto Regulation Expense Will Be All Set by September 30th, Says Tim Scott appeared first on Coinpedia Fintech News After months of dispute, the U.S. crypto regulation expense is now anticipated to be settled by September 30, according to Senator Tim Scott, chairman of the Senate Banking Committee. Speaking at a Capitol Hill press event, Scott confirmed that the legislation– covering both stablecoins and broader crypto guidelines– is on track for completion by the end of September. White Home crypto consultant Bo Hines backed the push, praising both Scott and Lummis for staying aligned with the administration’s crypto vision. Still, if everything comes together, the U.S. might have a full crypto framework by the end of September, finally providing the industry the clarity it’s been waiting for. A finalized structure by September would supply much-needed regulatory clarity for the crypto industry, promoting development and stability.
