The post Tim Scott Pushes for Crypto Bill Vote in Senate Committee appeared on BitcoinEthereumNews.com. Key Points: Senator Tim Scott leads crypto market structure bill efforts. Committee vote scheduled next month, full Senate in 2026. Potential impact on U.S. crypto regulatory clarity. U.S. Senate Banking Committee Chairman Tim Scott has announced plans to push for a vote on cryptocurrency market structure legislation in committee next month. The bill aims to strengthen U.S. economic leadership by clarifying digital asset regulations, potentially impacting securities and commodities market oversight and enhancing consumer protections. Regulatory Push: SEC, CFTC Roles Redefined Tim Scott aims to push the cryptocurrency market structure bill through the Senate Banking and Agriculture Committees by the end of the year. The legislation clarifies regulatory oversight, dividing it between the SEC and CFTC. Additional AML and consumer protection provisions are included. The bill’s passage could bring significant regulatory clarity to crypto markets, impacting institutional flows and the trading framework. The legislation also fosters financial innovation by creating regulatory sandboxes and pilot programs. By the end of this year, next month, we believe we can mark up and vote in both committees and get this to the floor of the Senate early next year so that President Trump will sign the legislation… Reactions vary across the board, with lawmakers and industry players watching closely. Paul Grewal, Coinbase’s Chief Legal Officer, expressed optimism, stating, “we’re going to get it done” despite remaining obstacles. Potential Market Effects and Expert Commentary Did you know? The proposed legislation could mirror the CLARITY Act of July 2025, which modestly increased TVL on major U.S. exchanges, showcasing prior regulatory clarity impacts. Ethereum (ETH) trades at $3,027.19 with a market cap of $365.37 billion, experiencing recent declines of 25.77% over 30 days, according to CoinMarketCap. Its 24-hour trading volume has decreased by 28.37%, providing an overall market snapshot. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at… The post Tim Scott Pushes for Crypto Bill Vote in Senate Committee appeared on BitcoinEthereumNews.com. Key Points: Senator Tim Scott leads crypto market structure bill efforts. Committee vote scheduled next month, full Senate in 2026. Potential impact on U.S. crypto regulatory clarity. U.S. Senate Banking Committee Chairman Tim Scott has announced plans to push for a vote on cryptocurrency market structure legislation in committee next month. The bill aims to strengthen U.S. economic leadership by clarifying digital asset regulations, potentially impacting securities and commodities market oversight and enhancing consumer protections. Regulatory Push: SEC, CFTC Roles Redefined Tim Scott aims to push the cryptocurrency market structure bill through the Senate Banking and Agriculture Committees by the end of the year. The legislation clarifies regulatory oversight, dividing it between the SEC and CFTC. Additional AML and consumer protection provisions are included. The bill’s passage could bring significant regulatory clarity to crypto markets, impacting institutional flows and the trading framework. The legislation also fosters financial innovation by creating regulatory sandboxes and pilot programs. By the end of this year, next month, we believe we can mark up and vote in both committees and get this to the floor of the Senate early next year so that President Trump will sign the legislation… Reactions vary across the board, with lawmakers and industry players watching closely. Paul Grewal, Coinbase’s Chief Legal Officer, expressed optimism, stating, “we’re going to get it done” despite remaining obstacles. Potential Market Effects and Expert Commentary Did you know? The proposed legislation could mirror the CLARITY Act of July 2025, which modestly increased TVL on major U.S. exchanges, showcasing prior regulatory clarity impacts. Ethereum (ETH) trades at $3,027.19 with a market cap of $365.37 billion, experiencing recent declines of 25.77% over 30 days, according to CoinMarketCap. Its 24-hour trading volume has decreased by 28.37%, providing an overall market snapshot. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at…

Tim Scott Pushes for Crypto Bill Vote in Senate Committee

2025/11/19 14:23
Key Points:
  • Senator Tim Scott leads crypto market structure bill efforts.
  • Committee vote scheduled next month, full Senate in 2026.
  • Potential impact on U.S. crypto regulatory clarity.

U.S. Senate Banking Committee Chairman Tim Scott has announced plans to push for a vote on cryptocurrency market structure legislation in committee next month.

The bill aims to strengthen U.S. economic leadership by clarifying digital asset regulations, potentially impacting securities and commodities market oversight and enhancing consumer protections.

Regulatory Push: SEC, CFTC Roles Redefined

Tim Scott aims to push the cryptocurrency market structure bill through the Senate Banking and Agriculture Committees by the end of the year. The legislation clarifies regulatory oversight, dividing it between the SEC and CFTC. Additional AML and consumer protection provisions are included.

The bill’s passage could bring significant regulatory clarity to crypto markets, impacting institutional flows and the trading framework. The legislation also fosters financial innovation by creating regulatory sandboxes and pilot programs.

Reactions vary across the board, with lawmakers and industry players watching closely. Paul Grewal, Coinbase’s Chief Legal Officer, expressed optimism, stating, “we’re going to get it done” despite remaining obstacles.

Potential Market Effects and Expert Commentary

Did you know? The proposed legislation could mirror the CLARITY Act of July 2025, which modestly increased TVL on major U.S. exchanges, showcasing prior regulatory clarity impacts.

Ethereum (ETH) trades at $3,027.19 with a market cap of $365.37 billion, experiencing recent declines of 25.77% over 30 days, according to CoinMarketCap. Its 24-hour trading volume has decreased by 28.37%, providing an overall market snapshot.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 06:18 UTC on November 19, 2025. Source: CoinMarketCap

Coincu analysts highlight potential regulatory alignment between the SEC and CFTC could prompt increased institutional engagement and adoption, fostering U.S. market leadership. Involvement in DeFi can drive innovations, impacting assets like ETH and BTC.

Source: https://coincu.com/news/tim-scott-crypto-bill-vote/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Cryptos Signal Divergence Ahead of Fed Rate Decision

Cryptos Signal Divergence Ahead of Fed Rate Decision

The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01