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Tim Scott Flash News List | Blockchain.News
Flash News List

List of Flash News about Tim Scott

Time Details
2025-07-08
03:14
US Crypto Bill Deadline Set for Sept 30 as Recession Fears on Polymarket Drop to 22%

According to @WhiteHouse, a new deadline for the U.S. crypto market structure bill has been set for September 30, a timeline confirmed by Senate Banking Committee Chairman Tim Scott. This development provides traders with a clearer timeframe for potential regulatory clarity, although disagreements with the House over a separate stablecoin bill could still introduce delays. In parallel, macroeconomic sentiment is improving, with the odds of a 2025 U.S. recession on the crypto prediction platform Polymarket falling to 22%, the lowest since February. This drop from a high of 66% in April, as cited in the report, reflects easing trade tensions and a more optimistic outlook from firms like Goldman Sachs, suggesting an increased risk appetite that could be favorable for assets like Bitcoin (BTC) and Ethereum (ETH).

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2025-07-08
03:14
U.S. Crypto Legislation Deadline Set for Sept. 30 as Recession Odds on Polymarket Plummet to 22%

According to @WhiteHouse, two significant developments are influencing the cryptocurrency market. Firstly, U.S. Senator Tim Scott announced a new target deadline of September 30 for completing the U.S. crypto market structure bill, signaling a push for regulatory clarity sooner than some lawmakers had predicted. This accelerated timeline could potentially resolve long-standing uncertainty for crypto investors. Secondly, macroeconomic fears are subsiding, as evidenced by odds on the crypto prediction platform Polymarket for a 2025 U.S. recession dropping to just 22%, the lowest since February. This marks a sharp reversal from a peak of 66% in April, a sentiment shift also reflected by Goldman Sachs lowering its recession probability. These factors create a more favorable backdrop for digital assets, occurring as Ethereum (ETH) is trading around $2,563, having seen modest volatility over the past day.

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2025-07-07
23:32
US Crypto Market Structure Bill Faces September 30 Deadline, Senator Scott Reveals Amid White House Pressure

According to @StockMKTNewz, U.S. Senator Tim Scott has set a new September 30 deadline for finalizing the crypto market structure legislation, a timeline he communicated to a White House crypto adviser. This development introduces a key date for traders to watch, as regulatory clarity could significantly impact market sentiment. The deadline is later than President Trump's desired August timeline but sooner than a previous year-end estimate from Senator Cynthia Lummis. However, progress is complicated by the House of Representatives, where Representative French Hill indicated that differences between the Senate's GENIUS Act for stablecoins and the House's version require further negotiation. This legislative uncertainty comes as major cryptocurrencies like Ethereum (ETH) experience volatility, with ETHUSDT trading at $2532.42, a 24-hour decrease of 1.86%, according to provided market data. The potential for a prolonged legislative process or a combined, more complex bill adds a layer of risk for investors in the digital asset space.

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2025-07-07
01:58
US Senator Reveals September 30 Deadline for Crypto Market Structure Bill, Impacting BTC and ETH Regulation

According to Eleanor Terrett, U.S. Senator Tim Scott, Chairman of the Senate Banking Committee, has set a new deadline of September 30 for completing the crypto market structure legislation. This timeline, communicated to a White House crypto adviser, is later than President Trump's August goal but sooner than Senator Cynthia Lummis's previous end-of-year prediction. The legislative process faces hurdles, including reconciling the Senate's GENIUS Act for stablecoins with the House's Digital Asset Market Clarity Act and securing bipartisan support. Senator Lummis noted that achieving consensus can be a 'tooth-pulling exercise.' This push for regulatory clarity is a critical development for traders, as it could significantly impact the operational framework for digital assets like Bitcoin (BTC) and Ethereum (ETH) in the United States. Current market data shows BTC trading around $109,429 and ETH near $2,576, both with positive 24-hour gains, highlighting the market's sensitivity to regulatory news.

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2025-07-06
19:46
US Senators Propose New Crypto Market Structure and Tax Relief Bill; BTC (Bitcoin) Holds Above $108K Amid Regulatory Push

According to Eleanor Terrett, top U.S. senators, including Tim Scott and Cynthia Lummis, have introduced a new framework for regulating U.S. crypto markets, aiming to establish clear distinctions between digital securities and commodities and foster innovation through safe harbors and sandboxes. The source indicates this market structure bill is a top priority, with a goal to deliver it to the president by the end of September. Separately, Senator Lummis has introduced a standalone crypto tax bill proposing a $300 capital gains tax exemption for small transactions and eliminating double taxation on staking and mining rewards. These legislative efforts provide potential long-term clarity for the market, which is currently seeing Bitcoin (BTC) trade around $108,477, with altcoins like Solana (SOL) at approximately $150.97 and Avalanche (AVAX) showing strong gains against BTC, up over 6.7% according to provided market data.

Source
2025-07-06
04:13
US Crypto Bill Deadline Set: Senator Scott Targets September 30 for Market Structure Legislation, Creating Key Timeline for Traders

According to @rovercrc, U.S. Senator Tim Scott, Chairman of the Senate Banking Committee, has established a new target deadline of September 30 for finalizing the crypto market structure legislation. This announcement, made to a White House crypto adviser, provides a clearer timeline for regulatory developments that could significantly impact the digital asset market, including Bitcoin (BTC) and Ethereum (ETH). While this timeline is later than President Trump's initial request, it accelerates the previous year-end prediction from Senator Cynthia Lummis, who has agreed to the new goal, as reported by the source. However, potential delays remain as the House of Representatives has not committed to the Senate's separate stablecoin bill, the GENIUS Act, and the Senate Agriculture Committee's involvement is still required. For traders, this September 30 deadline is a critical date to watch, as regulatory clarity or further delays could introduce significant market volatility.

Source
2025-07-02
21:24
U.S. Crypto Market Structure Bill Targets September 30 Deadline; DOJ Seizes $225M in Anti-Scam Push

According to @timnitGebru, two significant U.S. developments are shaping the cryptocurrency trading landscape. Firstly, Senator Tim Scott has accelerated the timeline for a comprehensive crypto market structure bill, now targeting completion by September 30. This push for regulatory clarity, supported by Senator Cynthia Lummis, aims to establish clear rules for the digital asset market and could be a bullish catalyst, potentially contributing to recent positive market sentiment. Concurrently, the Department of Justice's recent seizure of $225 million tied to "pig butchering" scams demonstrates a stronger enforcement posture, as highlighted by former acting U.S. Attorney Phil Selden. He described the move as a "tone-setting case" intended to protect victims and signal a crackdown on illicit financial networks. These regulatory and enforcement actions coincide with a short-term uptick in the market, with Ethereum (ETH) showing notable gains, such as ETHUSDT rising 4.81% and ETHUSD increasing by 5.41% in 24 hours.

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2025-07-02
00:50
US Crypto Regulation Heats Up: Senator Scott Sets September 30 Deadline for Market Bill as Trump Vows Pro-BTC Framework

According to @FoxNews, significant momentum is building for U.S. crypto regulation, potentially bringing long-awaited clarity to the market. Senator Tim Scott, Chairman of the Senate Banking Committee, has committed to a September 30 deadline for completing a comprehensive crypto market structure bill, as stated to a White House crypto adviser. This updated timeline is earlier than previous year-end predictions, providing a more concrete path forward for traders. Concurrently, President Donald Trump, speaking at a Coinbase summit, reiterated his pro-crypto stance, promising his administration will work toward 'clear and simple market frameworks' and supporting the GENIUS Act for stablecoins. While potential hurdles remain, such as reconciling House and Senate versions of the bills and securing input from the Senate Agriculture Committee, the accelerated push for legislation is a positive signal for the crypto market, potentially reducing uncertainty and encouraging investment.

Source
2025-07-01
23:12
US Crypto Regulation Update: Market Structure Bill Targeted for Sept 30 as Tax Provision Fails in Senate

According to @GOPMajorityWhip, a significant U.S. budget bill has advanced from the Senate without a crypto-friendly tax provision championed by Senator Cynthia Lummis, which aimed to waive capital gains taxes on small digital asset transactions. This represents a setback for industry lobbying efforts, pushing the tax issue back to standalone legislation. In a separate, more positive development for the crypto market, Senate Banking Committee Chairman Tim Scott has set an aggressive new deadline of September 30 to finalize a comprehensive crypto market structure bill. This timeline, which is later than President Trump's request but earlier than previous year-end estimates, was endorsed by Senator Lummis and praised by a White House crypto adviser. However, potential delays remain as the House has not committed to the Senate's timeline or its recently passed GENIUS Act for stablecoins, signaling further negotiations may be required.

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2025-07-01
16:14
US Crypto Legislation Update: Market Structure Bill Deadline Set for Sept 30, But Crypto Tax Provision Fails in Senate

According to @GOPMajorityWhip, traders and investors are facing a mixed regulatory landscape in the U.S. A significant budget bill advanced from the Senate without a crypto-friendly tax amendment from Senator Cynthia Lummis, which sought to waive capital gains on small transactions, leaving the tax treatment of minor crypto trades unchanged for now. On a more positive note for market clarity, Senate Banking Committee Chairman Tim Scott has set a new deadline of September 30 to finalize the comprehensive crypto market structure bill. While this timeline is later than some had hoped, it provides a concrete target for establishing clear rules for the digital asset industry. However, potential delays loom as the House and Senate must still reconcile differing versions of key stablecoin legislation, a critical component for market infrastructure.

Source
2025-07-01
11:40
US Crypto Regulation Update: Senator Scott Sets September 30 Deadline for Market Structure Bill

According to @FoxNews, U.S. Senator Tim Scott has set a new deadline of September 30 for completing the crypto market structure legislation, a timeline confirmed by Senator Cynthia Lummis. This development, reported by @FoxNews, provides a clearer, albeit extended, timeline than President Trump's request for passage by the August recess. The report also highlights friction between the Senate and House, with Representative French Hill noting 'subtle' and 'material' differences between the Senate's GENIUS Act for stablecoins and the House's version. According to the source, these disagreements could delay a final bill, creating uncertainty for traders and stablecoin issuers despite the White House's call for a swift, unaltered passage of the Senate's bill. A potential hindrance mentioned is the lack of a matching sense of urgency from the Senate Agriculture Committee, which must also approve the legislation.

Source
2025-07-01
03:31
US Crypto Market Structure Bill Faces New September 30 Deadline Amid Stablecoin Bill Disagreements

According to FoxNews, U.S. Senator Tim Scott has set a new deadline of September 30 for completing the crypto market structure legislation, a timeline he described as a "realistic expectation." This development comes as President Donald Trump urges the House of Representatives to immediately pass the Senate's stablecoin bill, the GENIUS Act, without any amendments. However, Representative French Hill, Chairman of the House Financial Services Committee, indicated that there are "subtle, some material" differences between the Senate's GENIUS Act and the House's STABLE Act that need to be resolved. These differences pertain to issues like extraterritoriality and the roles of state and federal regulators. This divergence between the House and Senate, coupled with the fact that the Senate Agriculture Committee must also approve the market structure bill, introduces significant uncertainty for traders and could delay the establishment of a clear regulatory framework for the U.S. crypto market.

Source
2025-06-30
20:38
US Crypto Market Structure Bill Faces September 30 Deadline Amid Stablecoin Debate, Says Senator Tim Scott

According to @WhiteHouse, U.S. Senator Tim Scott has set a new September 30 deadline for completing the crypto market structure legislation, a timeline confirmed by Senator Cynthia Lummis. This development introduces a key date for crypto traders and investors monitoring U.S. regulatory progress. The timeline is later than President Trump's request for faster action but sooner than previous year-end estimates. Meanwhile, significant hurdles remain, particularly with the stablecoin bill. House Financial Services Committee Chairman French Hill has indicated that differences between the Senate's GENIUS Act and the House's STABLE Act need to be resolved, suggesting a longer negotiation process that could delay the establishment of clear rules for stablecoin issuers. The White House is pushing for the House to pass the Senate's version without changes, creating tension between the chambers and adding to the regulatory uncertainty impacting the cryptocurrency market.

Source
2025-06-30
20:28
US Crypto Market Structure Bill Gets New September 30 Deadline Amid Stablecoin Bill Debate

According to @WhiteHouse, U.S. Senator Tim Scott announced that legislation for the U.S. crypto markets will be completed by September 30, a new deadline that is later than President Trump's request but earlier than other lawmaker predictions. The source indicates President Trump is pushing the House to quickly pass the Senate-approved stablecoin bill, the GENIUS Act, without amendments. However, Representative French Hill noted that 'subtle' and 'material' differences exist between the House and Senate versions, suggesting negotiations are needed on issues like extraterritorial enforcement and the roles of state versus federal regulators. This legislative uncertainty and conflicting timelines between the Senate and House could create market volatility, particularly for stablecoins, as traders await a clear regulatory framework.

Source
2025-06-30
20:20
US Crypto Market Structure Bill Gets New September 30 Deadline from Senator Tim Scott

According to the source, U.S. Senator Tim Scott, chairman of the Senate Banking Committee, has announced a new target deadline of September 30 for completing the crypto market structure legislation. This timeline was confirmed to White House crypto adviser Bo Hines and is seen as a realistic expectation, with Senator Cynthia Lummis concurring. However, potential delays may arise from the need to reconcile the Senate's GENIUS Act for stablecoins with the House's own version. This legislative push occurs as the crypto market shows mixed signals, with Bitcoin (BTC) trading at approximately $107,336 and Ethereum (ETH) at $2,488, both experiencing slight 24-hour declines. The move towards regulation also comes amid an industry debate highlighted by figures like @AltcoinGordon, who argues that the increasing political engagement and lobbying by major firms like Coinbase and Ripple risk diluting crypto's foundational cypherpunk values of decentralization and challenging established power structures.

Source
2025-06-30
17:54
US Senator Tim Scott Sets September 30 Deadline for Crypto Market Structure Bill, Boosting Regulatory Clarity Hopes

According to @FoxNews, U.S. Senator Tim Scott, the chairman of the Senate Banking Committee, has established a new target deadline of September 30 for completing the comprehensive crypto market structure bill. This timeline was communicated to a White House crypto adviser and is viewed as more aggressive than previous year-end predictions, though later than President Trump's original request. The report also highlights pressure on the U.S. House of Representatives to quickly approve the Senate's already-passed stablecoin bill, the GENIUS Act. For traders, this accelerated timeline for major U.S. crypto legislation could significantly reduce regulatory uncertainty, a key barrier for institutional investment and a major driver of market volatility. However, potential delays remain, including hesitation from the House and the need for cooperation from the Senate Agriculture Committee.

Source
2025-06-30
16:01
US Crypto Legislation Deadline Set for September 30, Senator Scott Confirms, as Stablecoin Bill Advances

According to @WhiteHouse, U.S. Senator Tim Scott has set a new deadline of September 30 for completing the crypto market structure legislation, providing a clearer timeline for traders seeking regulatory clarity. The source indicates this push for regulation comes as the Senate-passed stablecoin bill, the GENIUS Act, awaits action in the House of Representatives. This legislative momentum could significantly impact the stablecoin sector and the broader digital asset market. Simultaneously, reports cited in the text reveal that a company affiliated with President Donald Trump and his family recently sold a 20% stake in the parent company of World Liberty Financial, which has its own stablecoin. This development adds a layer of political complexity to the regulatory discussions. Amid these developments, market data shows positive momentum for major altcoins, with Ethereum (ETH) up over 3.1% and Solana (SOL) rising more than 3.7% in the last 24 hours.

Source
2025-06-30
14:36
US Crypto Legislation Update: Senator Scott Sets September 30 Deadline for Market Structure Bill Amid Trump's Stablecoin Push

According to @rovercrc, U.S. Senator Tim Scott, chairman of the Senate Banking Committee, has set a new deadline of September 30 for completing the crypto market structure legislation. This timeline is later than President Trump's request for an August completion but earlier than a previous year-end prediction. The announcement comes as President Trump urges the House of Representatives to quickly pass the Senate-approved stablecoin bill, the GENIUS Act, without any amendments. However, key House lawmakers, including Representative French Hill, have indicated that differences between the Senate's GENIUS Act and the House's STABLE Act need to be resolved, suggesting a potentially longer process. Senator Scott expressed confidence that both the market structure and stablecoin bills can be advanced in a timely manner, citing the House's Clarity Act as a "strong template" for their work. The outcome and timing of this legislation remain critical for traders, as it will establish the regulatory framework for stablecoins and the broader U.S. crypto market.

Source
2025-06-30
02:24
Crucial US Crypto Legislation Update: Senator Scott Targets September 30 for Market Structure Bill Amidst White House Pressure

According to @FoxNews, U.S. Senator Tim Scott has set a new target of September 30 for finalizing the crypto market structure bill, a timeline later than President Trump's August goal but faster than previous year-end estimates. This announcement puts pressure on the House of Representatives, where key lawmaker French Hill has indicated a need to reconcile differences between the Senate's GENIUS Act for stablecoins and the House's own version, potentially delaying the process. This legislative uncertainty creates a key dynamic for crypto markets, as regulatory clarity is a major catalyst for institutional adoption and price stability. The outcome of these discussions on stablecoins and market structure will significantly impact the operational landscape for cryptocurrencies like Ethereum (ETH), which was trading around $2,500 at the time of the report.

Source
2025-06-30
01:59
US Crypto Regulation Heats Up: Senator Scott Sets September 30 Deadline for Market Bill Amidst Anti-Trump COIN Act Proposal

According to @FoxNews, the U.S. crypto regulatory landscape is facing pivotal developments as Senator Tim Scott, Chairman of the Senate Banking Committee, announced a new September 30 deadline for completing the comprehensive crypto market structure legislation. This timeline, while later than President Trump's preference, provides a clearer path toward regulatory clarity and was endorsed by Senator Cynthia Lummis. However, political friction persists as Senator Adam Schiff introduced the COIN Act, which aims to prohibit senior government officials like President Trump from issuing or sponsoring digital assets, citing ethical concerns over potential self-enrichment. This move, supported by other Democrats, highlights a key risk that could complicate or delay the passage of broader crypto bills, despite Schiff's general support for the industry. These legislative efforts create a mixed outlook for traders, with the promise of a regulatory framework by fall being tempered by political divisions that could impact the final rules for assets like Ethereum (ETH), Cardano (ADA), and Solana (SOL).

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