Chairman of the Senate Banking Committee: The cryptocurrency market structure bill will be completed by September 30

ChainCatcher news, according to CoinDesk, U.S. Senate Banking Committee Chairman Tim Scott told White House cryptocurrency advisor Bo Hines that the cryptocurrency market structure bill will be completed by September 30.

This timeline is later than President Trump's goal of completing it before the August congressional recess, but earlier than Senator Cynthia Lummis's previous prediction of completion by the end of the year. Scott stated at a press conference that "completing market structure legislation by the end of September is a realistic expectation," to which Lummis expressed support.