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U.S. Lawmakers Set September Deadline for Game-Changing Crypto Bill

  • U.S. lawmakers, led by Senators Tim Scott and Cynthia Lummis, aim to introduce a game-changing crypto bill before September.
  • The bill is set to clarify how digital assets are defined and regulated in the U.S., potentially impacting SEC and CFTC jurisdiction.
  • The legislation could enhance market structure, paving the way for institutional adoption and expanded blockchain-based financial services.
  • The bill is expected to provide a framework for stablecoins, with potential benefits for real-time payments and decentralized finance.

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