Senate Banking Committee Plans Vote on Crypto Market Structure Legislation by December 2025
Tim Scott (R-SC), chair of the Senate Banking Committee, announced plans to mark up and vote on crypto market structure legislation by December 2025, aiming to send the bill to the Senate floor early 2026. The announcement was made during a November 18 Fox Business interview with Maria Bartiromo. Scott emphasized that the bill would protect consumers and strengthen U.S. leadership in the crypto economy, potentially establishing America as the crypto capital of the world. He attributed previous delays to Democrats, alleging they have stalled the legislation to prevent former President Trump from signing it. White House Crypto & AI Czar David Sacks has met with lawmakers and expressed optimism that the bill could pass before the end of 2025 with bipartisan support. Scott had earlier vowed to push the legislation forward by the end of September, signaling renewed momentum for the proposal. The current policy focus remains on market structure legislation for crypto, with plans to mark up in both committees and advance toward a floor vote.
