BlockBeats News, April 13th, according to Cointelegraph, Senator Tim Scott, Chairman of the Senate Banking, Housing, and Urban Affairs Committee, recently stated that he expects the cryptocurrency market structure bill to be formally legislated by August 2025. Tim Scott also noted that the Banking Committee's advancement of the "GENIUS Act" in March 2025 (a comprehensive stablecoin regulation bill) demonstrated that the committee is prioritizing cryptocurrency policy. "We must innovate before we regulate - allowing innovation in the digital asset space to occur on U.S. soil is crucial to maintaining America's global economic leadership." Scott's proposed timeline for the cryptocurrency market structure bill aligns with the prediction of Kristin Smith, CEO of the Blockchain Association, an industry advocacy organization, who also expects market structure and stablecoin legislation to be completed before August.

The Trump administration previously emphasized that comprehensive cryptocurrency regulation was a core part of its strategy to protect the value of the dollar and make the U.S. a global leader in digital assets by attracting cryptocurrency business investments. U.S. legislators and officials anticipate that clear cryptocurrency policies will garner bipartisan support in Congress by 2025 and be legislated. Democratic Congressman Ro Khanna expressed at the New York Digital Assets Summit on March 18th that he expects both market structure and stablecoin bills to pass this year, with approximately 70-80 Democratic lawmakers understanding the importance of the U.S. adopting clear digital asset regulations. Bo Hines, the Executive Director of the Presidential Advisory Council on Digital Assets, also predicts that stablecoin legislation will pass within 60 days. Hines noted that establishing America's dominance in the digital asset space is a goal widely supported by both parties in Washington.