Senate Moves Ahead with Cryptocurrency Regulation Bill

Senator Tim Scott, Chairman of the U.S. Senate Banking Committee, aims to advance a crucial cryptocurrency market structure bill through committees by December, targeting a potential Senate floor vote in early 2026. President Trump is expected to review the legislation before it can move forward. The bill emphasizes establishing regulatory frameworks for cryptocurrencies to bolster national economic leadership in the coming century. Scott criticized Democrats for delaying the process, arguing they are hindering the vision of making America the global cryptocurrency capital.