Senate Banking Chairman Confident Cryptocurrency Bill Will Pass by August

2025/04/14 16:57 (Updated 2025/04/15 10:01)

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Written by Naoko Koda

Senate Banking Chairman Confident Cryptocurrency Bill Will Pass by August

Progress of cryptocurrency bill

In an exclusive interview with FOX News Digital, Senator Tim Scott (Republican), Chairman of the U.S. Senate Banking Committee (official name: Banking, Housing, and Urban Affairs Committee), expressed his belief that the Market Structure Bill for cryptocurrencies will be enacted by August 2025.

Looking back on his 100 days as Chairman, Senator Scott emphasized the significance of the committee passing the Guiding and Establishing National Innovation in U.S. Stablecoins Act (GENIUS Bill) and the Financial Integrity and Regulatory Management Act (FIRM Bill) and moving them to the full Senate for deliberation.

The GENIUS Bill...

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Iolite Vol.18

March 2026 issueReleased on 2026/01/30

Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30