US Senate to Finalize Bitcoin Market Structure Bill by September 30th, Says Tim Scott

COINOTAG News reports that on June 27th, US Senate Banking Committee Chairman Tim Scott announced a revised timeline for the completion of the cryptocurrency market structure bill. The legislation, aimed at enhancing regulatory clarity and market integrity, is now expected to be finalized by September 30th. This updated deadline extends beyond the earlier August target initially proposed during the Trump administration. The delay underscores the complexity of establishing a comprehensive regulatory framework for the rapidly evolving digital asset sector. Market participants and institutional investors are closely monitoring these developments, anticipating that the bill will provide clearer guidelines for compliance and foster a more robust environment for crypto innovation.