According to the source, key U.S. Senator Tim Scott has set a new deadline of September 30 for completing the comprehensive crypto market structure legislation, a timeline he described as a "realistic expectation." This development provides a more concrete target for traders monitoring U.S. regulatory progress, although it is later than the August deadline President Trump had requested. The source reports that this new timeline was committed to in a discussion with a White House crypto adviser. Meanwhile, significant debate continues over the stablecoin bill. While President Trump has called for the House to pass the Senate's GENIUS Act "lightning fast" without any changes, Representative French Hill has indicated that negotiations are ongoing to resolve "subtle, some material" differences with the House's version. These differences reportedly involve extraterritoriality, the roles of state and federal regulators, and the separation of banking and commerce. This friction suggests that a quick, clean passage of the stablecoin bill is unlikely, potentially delaying regulatory clarity for that sector of the crypto market.