On April 13, Senator Tim Scott, chairman of the U.S. Senate Banking, Housing and Urban Affairs Committee, said recently that he expects the crypto market structure bill to be formally legislated by August 2025, according to Cointelegraph. Tim Scott also pointed out that the GENIUS Act, a comprehensive stablecoin regulation bill, promoted by the Senate Banking Committee in March 2025, proved that the committee placed crypto policy on priority. "We must innovate first and regulate - allowing innovation in the digital asset space to happen in the U.S., which is crucial to maintaining the dominance of the U.S. global economy." The timeline of the crypto market structure bill proposed by Scott is consistent with the forecast of Kristin Smith, CEO of the Blockchain Association, crypto industry advocacy group, who also expects that the market structure and stablecoin legislation will complete the legislative process by August.

The Trump administration previously emphasized that comprehensive crypto regulation is its core plan to protect the value of the dollar and make the United States a global leader in digital assets by attracting investment from crypto companies. U.S. lawmakers and officials expect a clear crypto policy to gain bipartisan support and complete legislation in 2025. Democratic Rep. Ro Khanna said at the New York Digital Assets Summit on March 18 that he expects both the market structure and the stablecoin bill to pass this year, and about 70-80 members within the Democratic Party understand the importance of the U.S. passing clear digital asset regulation. Bo Hines, executive director of the President’s Digital Assets Advisory Board, also predicts that stablecoin legislation will be passed within 60 days. Hines pointed out that establishing the U.S. dominance in the digital asset space is a goal of broad support from both parties in Washington.