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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
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Senate Banking Chairman Confident Cryptocurrency Bill Will Pass by August
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  1. Progress of cryptocurrency bill

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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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.