The White House wants the congress to adopt crypto invoices addressing the stablescoins and the structure of the cryptographic market by August. One is on the right track, but the other has just been growing in the fall.
Senator Tim Scott says that market structure legislation will not be ready by August.
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Posted on June 17, 2025 at 2:30 p.m. HNE.
President Donald Trump’s declared objective to adopt the legislation on the cryptocurrencies of the market structure by the recess of August is seriously in danger.
A spokesperson for the president of the Tim Scott Senate banking committee (R-SC) confirmed Unleashed In an email this morning that, even if the senator plans to hold an audience on the Clarity Act next month, a markup session will not occur before fall. These comments confirm a calendar that the senator shared in a interview With Bloomberg published Tuesday morning.
In response to a question requesting the reason for the delay that the spokesman said: “After months of good fans and bipartisan negotiations to advance the law on engineering (legislation on stablescoin), President Scott is looking forward to spending this bill in the Senate and immediately transforming himself to the legislation on the structure of the market.
Unchained recently reported That the White House did not agree with the Bipartite language for the Clarity Act, which would include a conflict of interest clause prohibiting the president, the vice-president and the members of the Congress to engage in cases related to the cryptocurrency in power.
Optimism by clarity
The bills on the structure of the stables and the structure of the market were the key pillars of the Digital Assets Policy Agenda of the Trump Administration. BO HINES, Executive Director of the Presidential Council for Digital Assets, brought an optimistic tone as recently.
“I remain firm in my optimism that we will carry out the president’s desires to put both the legislation on the stables and the legislation on the structure of the market before its office before the recess of August,” said Hines following the first cash register vote on digital asset legislation.
In AprilScott also looked positive on the chronology. “President Trump opens the way to a cryptographic revolution that starts here with the banking committee,” said Scott. “The structure of the market (east) on the way, to be heard in a committee, and I think that was adopted in August.”
What comes then
Despite this apparent delay, the Clarity Act has experienced progress. On the house side, the invoice pass Outside the Chamber of Financial Services and the Chamber Agriculture Committees with Bipartite Support. However, these votes were presented before Unchained’s report on the dispute of Trump’s interest conflicts.
In addition, the act of genius, focused on stabbed, advance Outside the senatorial banking committee in March and appears on the right track to respect the deadline for August. But this can be considered a small consolation price if the law on clarity does not also cross the finish line.
Trump’s team launched the idea of a South Lawn signature ceremony in August to mark a major legislative victory for the crypto. But with the Senate, which is now reporting delays, this ceremony can slip in the fall or be a only stable business.
While negotiations continue, all eyes are in the Senate to see if political ambition can respond to procedural reality.
