U.S. Targets Crypto Legislation by August 2025 – Coincu
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Key Points: With both parties’ support, U.S. aims for comprehensive crypto laws. Cryptocurrency bills expected by August 2025. Stablecoins and market structure laws to boost the crypto sector. **Senator Tim Scott expects the cryptocurrency market structure bill to be legislated by August 2025.** In March 2025, the Banking Committee progressed with the GENIUS Act, underlining the priority of cryptocurrency policy. This aligns with predictions from Kristin Smith, CEO of the Blockchain Association, for similar legislation timelines. Anticipated changes due to this legislation could see stablecoins like USDC and USDT gaining popularity. The GENIUS Act focuses on stablecoin compliance and collateralization standards, which could spur global demand for such dollar-pegged instruments. U.S. Senate Prepares for Major Crypto Legislation by 2025 Reactions from key figures reveal strong bipartisan support. Congressman Ro Khanna and Bo Hines expect the bills to pass due to this consensus, with stablecoin legislation predicted to pass within 60 days. These efforts mark a significant advancement in U.S. dominance in digital assets. These efforts mark a significant advancement in U.S. dominance in digital assets. “We must innovate before we regulate — allowing innovation in the digital asset space to happen here at home is critical to American economic dominance globally,” said Senator Tim Scott, Chairman of the Senate Banking, Housing, and Urban Affairs Committee. Stablecoin Regulation Set to Enhance Market Confidence Did you know? The GENIUS Act’s push for stablecoin regulation follows the FIT21 Act, passed in 2024, which reinforced initial market structure regulations, demonstrating a pattern of strengthening crypto oversight. Ethereum (ETH) is valued at $1,620.22, with a market cap of $195.54 billion. Its 24-hour trading volume decreased by 7.27%. Recent price changes saw a 4.44% rise in 24 hours but a 50.28% downturn over 90 days, per CoinMarketCap data. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 02:06…
Filed under: News - @ April 13, 2025 2:12 am