{"id":40140,"date":"2025-04-13T12:00:31","date_gmt":"2025-04-13T09:00:31","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=40140"},"modified":"2025-04-13T12:00:32","modified_gmt":"2025-04-13T09:00:32","slug":"tim-scott-confident-crypto-market-bill-will-pass-by-august","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/tim-scott-confident-crypto-market-bill-will-pass-by-august\/","title":{"rendered":"Tim Scott: Confident Crypto Market Bill Will Pass by August"},"content":{"rendered":"<p class=\"\" data-start=\"2421\" data-end=\"2612\">Senator <strong data-start=\"2429\" data-end=\"2442\">Tim Scott<\/strong>, chairman of the U.S. Senate Committee on Banking, said he is confident that a <strong data-start=\"2522\" data-end=\"2568\">comprehensive crypto market structure bill<\/strong> will be passed into law by <strong data-start=\"2596\" data-end=\"2611\">August 2025<\/strong>.<\/p>\n<p class=\"\" data-start=\"2614\" data-end=\"2819\">In a statement to Fox News, Scott cited the committee\u2019s progress on the <strong data-start=\"2686\" data-end=\"2700\">GENIUS Act<\/strong>, a regulatory bill for stablecoins passed in March 2025, as a strong sign of the Senate&#8217;s commitment to crypto policy.<\/p>\n<hr \/>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/tim-scott-confident-crypto-market-bill-will-pass-by-august\/#You_Might_Be_Interested_In_Elon_Musk_Talks_About_the_Name_of_a_New_Memecoin\" title=\"You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!\">You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/tim-scott-confident-crypto-market-bill-will-pass-by-august\/#Bipartisan_Support_Grows\" title=\"Bipartisan Support Grows\">Bipartisan Support Grows<\/a><\/li><\/ul><\/nav><\/div>\n<h4 data-start=\"1444\" data-end=\"1471\"><span class=\"ez-toc-section\" id=\"You_Might_Be_Interested_In_Elon_Musk_Talks_About_the_Name_of_a_New_Memecoin\"><\/span><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-about-the-name-of-a-new-memecoin\/\">Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<hr \/>\n<p class=\"\" data-start=\"2614\" data-end=\"2819\"><em><span style=\"font-size: 14.4px;\">\u201cWe must innovate before we regulate \u2014 allowing innovation in the digital asset space to happen here at home is critical to American economic dominance across the globe.\u201d<\/span><\/em><\/p>\n<p class=\"\" data-start=\"2823\" data-end=\"3017\">\u2014 Senator Tim Scott<\/p>\n<p class=\"\" data-start=\"3019\" data-end=\"3215\">Scott&#8217;s timeline aligns with <strong data-start=\"3048\" data-end=\"3065\">Kristin Smith<\/strong>, CEO of the <strong data-start=\"3078\" data-end=\"3104\">Blockchain Association<\/strong>, who also anticipates that market structure and stablecoin legislation will be finalized by the end of summer.<\/p>\n<h2 data-start=\"3217\" data-end=\"3245\"><span class=\"ez-toc-section\" id=\"Bipartisan_Support_Grows\"><\/span>Bipartisan Support Grows<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"3247\" data-end=\"3451\">At the <strong data-start=\"3254\" data-end=\"3279\">Digital Assets Summit<\/strong> in NYC on March 18, Democrat <strong data-start=\"3309\" data-end=\"3327\">Rep. Ro Khanna<\/strong> said he expects both bills to pass this year, noting that <strong data-start=\"3386\" data-end=\"3411\">70\u201380 House Democrats<\/strong> support clearer digital asset policies.<\/p>\n<p class=\"\" data-start=\"3453\" data-end=\"3632\">The <strong data-start=\"3457\" data-end=\"3481\">Trump administration<\/strong> has made crypto regulation a strategic priority for preserving the <strong data-start=\"3549\" data-end=\"3572\">U.S. dollar\u2019s value<\/strong> and ensuring America leads global digital asset innovation.<\/p>\n<p class=\"\" data-start=\"3634\" data-end=\"3836\"><strong data-start=\"3634\" data-end=\"3646\">Bo Hines<\/strong>, executive director of the <strong data-start=\"3674\" data-end=\"3727\">White House Council of Advisers on Digital Assets<\/strong>, added that stablecoin legislation could pass <strong data-start=\"3774\" data-end=\"3792\">within 60 days<\/strong>, emphasizing strong <strong data-start=\"3813\" data-end=\"3835\">bipartisan support<\/strong>.<\/p>\n<hr \/>\n<p data-start=\"3634\" data-end=\"3836\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senator Tim Scott, chairman of the U.S. Senate Committee on Banking, said he is confident that a comprehensive crypto market structure bill will be passed into law by August 2025. In a statement to Fox News, Scott cited the committee\u2019s progress on the GENIUS Act, a regulatory bill for stablecoins passed in March 2025, as<\/p>\n","protected":false},"author":28,"featured_media":37996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[61,60,393,9299,1730,1985,2155,11426,2184,3310,1219],"class_list":["post-40140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-bitcoin","tag-btc","tag-crypto","tag-donald","tag-donald-trump","tag-eu","tag-gold","tag-tariffs","tag-tax","tag-trump","tag-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tim Scott: Confident Crypto Market Bill Will Pass by August - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/tim-scott-confident-crypto-market-bill-will-pass-by-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tim Scott: Confident Crypto Market Bill Will Pass by August - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Senator Tim Scott, chairman of the U.S. Senate Committee on Banking, said he is confident that a comprehensive crypto market structure bill will be passed into law by August 2025. In a statement to Fox News, Scott cited the committee\u2019s progress on the GENIUS Act, a regulatory bill for stablecoins passed in March 2025, as\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/tim-scott-confident-crypto-market-bill-will-pass-by-august\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-13T09:00:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-13T09:00:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/03\/kripto_ce-20-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Yigit Taha OZTURK\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yigit Taha OZTURK\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/tim-scott-confident-crypto-market-bill-will-pass-by-august\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/tim-scott-confident-crypto-market-bill-will-pass-by-august\/\",\"name\":\"Tim Scott: Confident Crypto Market Bill Will Pass by August - 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