According to @DowdEdward, U.S. Senator Tim Scott has established a September 30 deadline for finalizing the comprehensive crypto market structure legislation, a timeline that has received support from a White House crypto adviser. The source indicates that while Senator Scott is confident, potential delays could stem from the House of Representatives, which may seek to reconcile its own stablecoin bill with the Senate's version, and a lack of urgency from the Senate Agriculture Committee. This regulatory push coincides with positive market movements, as current data shows Ethereum (ETH) trading at $2501.46, a 2.97% increase over 24 hours. Similarly, Solana (SOL) is trading at $151.56, up 1.26%. For traders, this Q3 deadline for regulatory clarity in the U.S. could become a major catalyst for market volatility.

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 communicated to a White House crypto adviser. This target is later than President Trump's desired August completion but earlier than the year-end prediction from Senator Cynthia Lummis. However, progress faces potential hurdles, as key House lawmakers like Representative French Hill have not committed to fast-tracking the Senate's separate stablecoin bill (GENIUS Act), suggesting a more complex negotiation process. Senator Lummis also highlighted growing partisan division, noting Democratic concerns over potential conflicts of interest related to the Trump administration. This legislative uncertainty unfolds as the crypto market shows positive movement, with Bitcoin (BTC) trading near $108,344 and Ethereum (ETH) around $2,494, indicating that traders are closely monitoring for regulatory clarity which could serve as a significant market catalyst.

According to @FoxNews, U.S. Senator Tim Scott has established a new, accelerated deadline of September 30 for completing the crypto market structure bill, a move that could provide significant regulatory clarity for the digital asset market sooner than anticipated. Scott, the chairman of the Senate Banking Committee, confirmed this timeline to a White House adviser, noting it aligns with President Trump's push for swift action, as detailed in the report. This development provides a concrete date for traders to watch, potentially impacting market sentiment for assets like Ethereum (ETH), which is currently trading at $2494.57 (up 2.449%), and Solana (SOL) at $153.01 (up 1.641%). However, potential headwinds remain, as Senator Adam Schiff has introduced the COIN Act to prohibit officials, including President Trump, from sponsoring cryptocurrencies, reflecting ongoing Democratic concerns over potential conflicts of interest. Despite this, the source notes that Schiff was among 18 Democrats who supported the recently passed stablecoin bill, indicating a complex but potentially navigable path for the broader market structure legislation.

According to @FoxNews, 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. Scott communicated this timeline to a White House crypto adviser, noting it is later than President Trump's August target but earlier than Senator Cynthia Lummis's previous year-end prediction. However, potential delays remain as the House of Representatives has not announced its strategy for reconciling its own bill, the Digital Asset Market Clarity Act, with the Senate's efforts. Furthermore, the Senate Agriculture Committee, whose input is also required, has not shown the same urgency. For traders, this revised timeline provides a more concrete, albeit still challenging, path toward regulatory clarity in the U.S., a key factor that could influence market sentiment for assets like Bitcoin (BTC) and Ethereum (ETH).

According to @FoxNews, U.S. Senator Tim Scott has set a new September 30 deadline for completing the crypto market structure bill, a timeline he described as a 'realistic expectation' at a press event. This schedule is later than President Trump's request but faster than the year-end target previously suggested by Senator Cynthia Lummis. However, progress could be slowed by the need for coordination with the House and the Senate Agriculture Committee. Concurrently, Senator Adam Schiff has introduced the COIN Act to prohibit officials like President Trump from sponsoring digital assets, citing ethical concerns over personal enrichment. This legislative push from Democrats, including some crypto allies, introduces a layer of political complexity. Amidst these regulatory developments, major cryptocurrencies show mixed performance, with Ethereum (ETH) trading around $2,437, Solana (SOL) near $151.58, and Cardano (ADA) at approximately $0.5553, reflecting trader caution as they await clearer legislative outcomes.

According to @FoxNews, U.S. Senator Tim Scott has set a new deadline of September 30 for completing the comprehensive crypto market structure legislation, a timeline he communicated to a White House crypto adviser. This new target is later than President Trump's request for an August completion but sooner than a previous year-end estimate from Senator Cynthia Lummis, who has agreed to the new schedule. However, potential delays loom as the House of Representatives has not committed to the Senate's stablecoin bill, the GENIUS Act, and the Senate Agriculture Committee's involvement is still required. For traders, this provides a clearer but still tentative timeline for regulatory clarity. Concurrently, political friction is increasing as Senator Adam Schiff, despite voting for the stablecoin bill, has introduced the COIN Act to prohibit officials like President Trump from issuing or sponsoring digital assets. This move, backed by other Democrats, highlights concerns over potential conflicts of interest and introduces a layer of legislative risk that could complicate the passage of the broader crypto bills.

According to @FoxNews, U.S. Senator Tim Scott has established a new target deadline of September 30 for finalizing the comprehensive crypto market structure bill. This updated timeline, while later than President Trump's desired August completion, provides a clearer roadmap for the digital asset industry, which could influence market stability and trader sentiment (source: @FoxNews). Senator Scott also emphasized the need for the House to quickly approve the Senate-passed stablecoin bill, known as the GENIUS Act. However, House leadership has expressed hesitation, citing the need to reconcile it with their own stablecoin legislation, suggesting potential delays (source: @FoxNews). A key hurdle remains the necessary involvement of the Senate Agriculture Committee, which has not prioritized the bill to the same extent as the Banking Committee. For traders, this legislative timeline is a critical factor, as progress toward regulatory clarity, or any setbacks, could directly impact the valuation of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

According to the source, 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." The source notes this is faster than Senator Cynthia Lummis's previous end-of-year prediction but later than the August goal requested by President Donald Trump. Senator Scott and the White House are also reportedly pressuring the U.S. House of Representatives to immediately pass the Senate's stablecoin bill, the GENIUS Act. However, key House lawmakers have expressed hesitation, suggesting a lengthier process to reconcile differences with their own stablecoin legislation. For traders, this accelerated but contested legislative timeline introduces significant policy-driven volatility risk. Clarity on market structure and stablecoins could be a major bullish catalyst for the crypto market, including Bitcoin (BTC) and Ethereum (ETH), while continued delays or political gridlock could create headwinds.

According to the source, 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 and investors. This announcement, made to a White House crypto adviser, positions the bill's completion later than President Trump's request but sooner than previous year-end estimates from lawmakers like Senator Cynthia Lummis, who has agreed to the new schedule. However, potential delays loom as the House of Representatives, led by Representative French Hill, may seek to reconcile differences with the Senate's stablecoin bill (GENIUS Act) rather than pass it directly. Further complicating matters, Senator Adam Schiff has introduced the COIN Act, one of several new bills aimed at preventing government officials, including President Trump, from sponsoring or profiting from cryptocurrencies due to ethical concerns. This legislative friction introduces regulatory uncertainty, even as a firm deadline for the market structure bill is seen as a positive step. Amid these developments, market data shows modest gains for major cryptocurrencies, with Solana (SOL) up 3.35%, Ethereum (ETH) up 0.745%, and Cardano (ADA) up 0.464% in the last 24 hours.

According to the source, U.S. Senator Tim Scott has set a new target deadline of September 30 for completing the crypto market structure bill, a timeline supported by the White House but potentially complicated by political divisions. The source states that while the Senate pushes forward, with Senator Lummis agreeing to the chairman's timeline, House lawmakers appear more hesitant. A significant trading risk emerges from bipartisan friction, highlighted by Senator Adam Schiff's introduction of the COIN Act, which aims to prohibit officials like President Trump from issuing or sponsoring digital assets. This legislative effort, backed by other Democrats, could create roadblocks for the broader market structure bill, introducing regulatory uncertainty for traders. As these key regulatory discussions unfold, market data shows positive momentum for assets like Solana (SOL), which is up over 3%, and Ethereum (ETH), up nearly 1%, indicating market sensitivity to legislative news.

According to the source, U.S. Senator Tim Scott has established a new deadline of September 30 to finalize legislation for the U.S. crypto market structure. This timeline, which Senator Cynthia Lummis has agreed to, is later than President Trump's push for a resolution before the August congressional break but earlier than previous year-end estimates, as cited in the report. A key point of friction remains as the White House and Senate urge the House to quickly pass the Senate-approved stablecoin bill (GENIUS Act), while key House Representative French Hill suggests that differences between the Senate and House versions need to be reconciled, potentially delaying the process. For traders, this new September 30 deadline provides a clearer, albeit not immediate, timeline for significant regulatory clarity, which could be a major catalyst for the digital asset market upon successful passage.

According to Senator Tim Scott, chairman of the Senate Banking Committee, legislation establishing rules for U.S. crypto markets will be finalized by September 30, potentially reducing regulatory uncertainty and boosting investor confidence in cryptocurrencies like ETH. Scott stated this to White House crypto adviser Bo Hines, urging the House to quickly approve the stablecoin bill to align with President Trump's timeline. Concurrently, ETH prices show declines, with ETHUSD trading at $2441.67, down 1.663% in 24 hours, as per market data.

According to Eleanor Terrett, the House GOP is targeting Thursday for the introduction of an updated market structure bill, following a discussion draft released earlier this month by key House Republicans (Source: Eleanor Terrett via Twitter, May 28, 2025). Traders should note that this legislation is expected to influence the regulatory landscape for cryptocurrencies, potentially affecting compliance requirements, market access, and institutional participation (Source: cryptoinamerica.com). Market participants are advised to monitor this development as it could drive short-term volatility and long-term sentiment shifts across the crypto sector.

According to Eleanor Terrett, the Financial Services Committee (@FinancialCmte) and House Agriculture Committee Republicans (@HouseAgGOP) have released a discussion draft of a new market structure bill. This development signals potential regulatory changes that could directly impact crypto trading practices and exchange operations in the United States. Traders should closely monitor updates from these committees, as the bill may introduce new compliance requirements and market frameworks for digital assets (source: Eleanor Terrett on Twitter, May 5, 2025).