Tim Scott, chairperson of the U.S. Senate Banking Committee, said Tuesday that he plans to have the committee vote on a cryptocurrency market structure bill next month.
"By the end of this year, next month, we are confident that the bill will be amended and voted on in both committees and brought to the full Senate early next year for President Trump to sign the bill," Mr. Scott said.
The cryptocurrency market structure bill requires the approval of both the Senate Banking Committee and the Agriculture Committee, as it involves both securities regulation and commodity regulation.
Mr. Scott said the bill would protect consumers while helping to cement US dominance as "the world's most powerful economy for the next century". The Republican senator had previously tried unsuccessfully to push the bill through by September, blaming Democrats for the failure.
"Democrats have been dragging and dragging and dragging because they don't want President Trump to make the United States the global cryptocurrency capital," Mr. Scott said on Tuesday. "This bill is not just for President Trump, it's for the American people."
The chairperson of the U.S. Senate Banking Committee plans to launch a vote on a cryptocurrency market bill next month
2025-11-19 02:44:05
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