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The U.S. Senate strives to complete its Crypto Assets legislation goal by September, but the House of Representatives' stance remains uncertain.
The U.S. Senate is actively advancing the formulation of Crypto Assets regulations, striving to complete the legislative goal by September 30.
During a press conference on Thursday, Senate Banking Committee Chairman Tim Scott stated that although the timeline extends beyond the President's expected August deadline, he believes it is feasible to finalize the Crypto Assets rules before September 30.
However, the attitude of the House of Representatives is quite different, with the chairman of the Financial Services Committee, French Hill, remaining silent on the same timeline, indicating that this legislative process may take longer than expected.