U.S. Crypto Hearings Postponed as Key Figures Await Action

The U.S. Senate Banking Committee has postponed its discussion of the “Crypto Market Structure Act” to next week, aligning with several industry events. The delay could heighten volatility in the crypto markets, already on edge due to regulatory uncertainties.

The U.S. Senate Banking Committee’s decision affects the initially scheduled full hearing on the “Crypto Market Structure Act.” Key figures like Brad Garlinghouse of Ripple and Kristin Smith of the Blockchain Association were set to participate. This delay is expected to align with other significant discussions during “Crypto Week.”

Senate Hearing Delay Aligns with “Crypto Week” Events

The rescheduling underscores high stakes in crafting relevant regulatory frameworks, especially as the House Financial Services Committee plans its 21st Century Cryptocurrency Taxation Policy Framework hearing, also during “Crypto Week.” Industry leaders emphasize the need for clear regulations to avoid potential pitfalls in digital asset market growth.

Industry reactions reflect a mix of anticipation and concern, with Brad Garlinghouse noting the urgency of establishing viable regulations to maintain innovation in the U.S. Senator Elizabeth Warren articulates skepticism:

“Under the House bill, a publicly traded company like Meta or Tesla could simply decide to put its stock on the blockchain to escape SEC scrutiny.”

Crypto Market Faces Volatility Amid Regulatory Uncertainty

Did you know? The previous postponements of key U.S. hearings brought temporary dips in crypto market caps, echoing potential market impacts of the current situation.

Ethereum (ETH) trades at $2,811.29 as of 18:29 UTC, July 10, 2025, per CoinMarketCap. The cryptocurrency holds a market cap of $339.37 billion and has seen a 3.29% rise over the past 24 hours. Its 60-day increase stands at 13.37%, reflecting market dynamics amid regulation talk.

Coincu research suggests the postponed hearings could lead to continued short-term market volatility as stakeholders seek clarity on regulatory frameworks. Future technological advancements might hinge on these legislative outcomes, highlighting the importance of steadier guidance for market participants.