Jackson Hole, Wyo. – American Senator Cynthia Lummis (R-WYO.) He said that a final draft of the Cryptographic Market Structure Legislation will be presented to the President of the United States, Donald Trump, before Thanksgiving, in particular, some time after the previous deadline of Senator Tim Scott on September 30.
“We will have it on the president’s desktop before Thanksgiving,” Lummis said during a conversation at the Salt Conference at Jackson Hole, Wyoming on Wednesday. He previously said he expected the legislation to be made at the end of 2025.
The Senate Banking Committee plans to approve the bill at the end of September and anticipate the Senate Agriculture Committee, which supervises the Basic Products Trade Commerce Commission (CFTC) To have seen it at the end of October, before President Trump is transferred, he said.
“We will have a market structure for the end of the year,” Lummis said.
The American senator Tim Scott, president of the Senate Banking Committee, said Tuesday that he anticipates that up to 18 Democrats can vote in favor of the Senate’s response to the Clear Law of the Chamber’s digital asset market.
The bill is one of the most important laws regarding the cryptographic industry, since it will define how the stock exchange and values commission (SECOND) and Basic Products Trade Commission (CFTC) It will supervise the market.
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