Senator Tim Scott, chairman of the American Senate Commission for Banking, Apartments and City, said recently that he expected that the Cryptocurrency Market Act will be forwarded to the right to August 2025.
The chairman also noticed the development of the banking committee by the Senate Genius Act, a comprehensive Stablecoin regulatory project, in March 2025, as evidence that the Committee is prioritizing cryptocurrency policy. IN statement To Fox News Scott said:
“We must introduce innovation before we regulate – enabling innovation in the digital space of resources that will happen here at home, is crucial for American economic domination around the world.”
Scott’s time of the cryptocurrency market structure is consistent with the expectations of Kristin Smith, CEO of Blockchain Association cryptocurrencies, the market structure and Stablecoin regulations transferred to the law.
The Trump administration emphasized that comprehensive cryptocurrency regulations are of key importance for its plans to protect the value of the American dollar and the establishment of the country as a world leader in the field of digital assets by attracting investments in American cryptographic companies.
Senator Tim Scott emphasizes the goals and achievements of the Banking Senate in 2025. Source: Fox News
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Support for comprehensive cryptocurrency regulations is double -sided
Legislators and American officials expect a clear cryptocurrency policy will be established and signed in accordance with the law in 2025 with bilateral support of the Congress.
Speaking at the digital assets in Up-to-date York, March 18, a representative of Democrats Ro Khanna said that he expected that both the market structure and Stablecoin bills this year.
Democratic legislator added that there are about 70-80 other representatives in the party who understand the importance of transferring clear regulations regarding digital assets in the United States.
Treasury Secretary Scott Bessent, in the photo on the left, President Donald Trump in the center and cryptographic spell David Sacks, in the photo on the top of Crypto Summit in the White House. Source: White House
Khanna emphasized that other democrats support Stablecouins in dollars due to the role of dollar tokens in increasing the demand for American dollar around the world online.
Because Hines, executive director of the President of the Council of Digital Advisors, also spoke at the conference and predicted that Stablecoin’s legislation would be transferred within 60 days.
Hines emphasized that the establishment of American domination in the digital space of assets is a goal with a wide bilateral support in Washington.
Warehouse: How do cryptocurrency regulations change around the world in 2025
