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- Sohrab Khawas
Sohrab Khawas
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
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Qadir AKQadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Jun 27, 2025 05:41 UTC
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U.S. Crypto Regulation Bill Will Be Ready by September 30th, Says Tim Scott
U.S. crypto regulation bill is set for finalization by Sept. 30, with Tim Scott leading the push and faster progress than earlier expected.
GENIUS Act clears Senate but faces delays in the House and Agriculture Committee, risking the September deadline for full crypto legislation.
After months of debate, the U.S. crypto regulation bill is now expected to be finalized by September 30, according to Senator Tim Scott, chairman of the Senate Banking Committee. Speaking at a Capitol Hill press event, Scott confirmed that the legislation—covering both stablecoins and broader crypto regulations—is on track for completion by the end of September.
Trump’s Timeline vs. Congress Reality
President Donald Trump had pushed for crypto laws to be ready by August. While that won’t happen, Scott’s updated timeline is still faster than what many expected. Just a day earlier, Senator Cynthia Lummis had suggested the process might drag into year-end. But during the event, she threw her support behind Scott’s deadline, saying, “Yes, sir. You’re the chairman, and we will do as you wish.”
GENIUS Act Ready—But House Still Hesitating
A big piece of the puzzle is the GENIUS Act, a bill focused on regulating stablecoins. The Senate passed it last week, and Scott urged the House of Representatives to fast-track it to the President’s desk, aligning with Trump’s stance. “The president’s mandate to move the GENIUS Act immediately is in the best interest of the American people,” Scott emphasized.
White House crypto adviser Bo Hines backed the push, praising both Scott and Lummis for staying aligned with the administration’s crypto vision. But not everyone’s in sync. Representative French Hill from the House Financial Services Committee pointed out that differences still exist between the Senate’s version and the House’s stablecoin bill. That could delay things.
One More Hurdle?
Another hurdle is the Agriculture Committee, which must also approve the market structure part of the bill. So far, it hasn’t matched the pace of the Banking Committee, making it a possible bottleneck.
Still, if everything comes together, the U.S. could have a full crypto framework by the end of September, finally giving the industry the clarity it’s been waiting for.
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FAQs
It’s comprehensive legislation expected by Sept 30, aiming to create a federal regulatory framework for stablecoins (like the GENIUS Act) and broader crypto market structure.
A finalized framework by September would provide much-needed regulatory clarity for the crypto industry, fostering innovation and stability.
Yes 
No 
