American senator Tim Scott, chairman of the Senate Banking Committee, said the Chamber’s goal would have to pass the “law before the end of September” for the digital asset market structure.

Vyaming Senator Synthia Lummis and White House Crypto Advisor Bo Hines, Scott on Thursday in “Firecuce Chat” Said “To work completely for the market,” Congress will need to proceed with the market structure and law for stabecoin. The senator set a target of passing a market structure bill by 30 September.

“You are the chairman, and we will do according to your wish,” Lummis asked for the structure of the market in response to Scott’s goal. “We will ensure that we are ready to do so.”

Lumis Say at Bitcoin Policy Summit On Wednesday that she would be “extremely disappointed” if the foundation of national innovation for the guide and US Stabecrim, or the Genius Act, and the law for the digital asset market structure was not passed before 2026. The Genius Act waits for consideration in the House of Representatives after being passed by the Senate, but neither the Chamber has taken a floor vote on the market structure as June.

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The White House initially planned to sign the Crypto Bill in the law by August.

Both Lummis and Scott deadline probably put them on obstacles with plans for US President Donald Trump’s Crypto Bill. On June 18, he released a message on social media Calling for home To pass the Genius Act and “Get it [his] Desk, Asap. “It is not clear when the Chamber will consider a vote on the bill.

On a market structure bill, Lummis stated at Thursday’s program that she was excluded from expected before the August holiday for the marketing and schedule for the markup in September.

The senator suggested that the MPs could see the House’s proposed market structure bill, Digital Asset Market Clarity Act or Clarity Act in their efforts to draft the Senate version.