BlockBeats News, April 13th. According to Cointelegraph, U.S. Senator Tim Scott expects the Cryptocurrency Market Structure Act to become law by August 2025. Tim Scott also noted that the Senate Banking Committee had advanced a comprehensive stablecoin regulation bill - the GENIUS Act - in March 2025, indicating that the committee is prioritizing crypto policy. He emphasized that innovation should precede regulation to ensure the U.S.'s leading position in digital assets in the global economy.