- US Congress accelerates crypto legislation as August 4 deadline looms.
- Bills focus on market structure and stablecoin regulation.
- Crypto industry watches skeptically amidst timeline doubts.
US Congress is speeding toward finalizing crypto regulatory frameworks, as a crucial August 4, 2025, deadline approaches. The process includes legislative hearings and is led by key figures within the House Financial Services Committee.
These legislative efforts are vital for setting concrete rules in the cryptocurrency space, as key market structures and stablecoins face United States regulation.
US Congress Faces Tight Timeline for Crypto Bills
The legislative process for both market structure and stablecoin regulation has entered an advanced phase amid an approaching deadline. French Hill, chairman of the House Financial Services Committee, announced a full hearing scheduled for June 4, with the reviewing process set for June 10. The GENIUS Act for stablecoins is expected to be implemented before the broader market structure bill.
The push for legislation is significant as the August 4 deadline approaches, but skepticism exists regarding whether US Congress can finalize the process in time. Increasing involvement by the Securities and Exchange Commission (SEC) indicates a commitment to regulatory clarity, as exemplified by its 104 meetings with crypto industry representatives exploring viable paths.
Crypto industry reactions have been mixed, with stakeholders welcoming the prospect of clarity yet doubtful about deadlines being met. Industry leaders will convene at a Bitcoin conference in Las Vegas amid ongoing recess, including officials such as JD Vance and members of the Trump family.
August 4 Deadline Looms Over Stablecoin Legislation
Did you know? The GENIUS Act for stablecoins may achieve legislative approval before the broader market structure bill, marking a significant step forward in US crypto regulation.
Bitcoin (BTC) is trading at $109,814.41, with a market cap of 2.18 trillion. Its dominance sits at 63.33%, based on CoinMarketCap data. For the past month, BTC witnessed a 16.84% price rise, whereas a 23.55% increase has marked the last 90 days.
Coincu’s research suggests substantial technological and financial shifts pending successful legislation, improving investment certainty. Industry leaders are analyzing the potential implications of clearer regulations to bolster institutional adoption.
“By providing strong safeguards and long-overdue regulatory certainty, the discussion draft advances President Trump’s vision to make the U.S. the ‘crypto capital of the world’ and reinforces America’s leadership in the global financial system.” — Rep. French Hill, Chairman, House Financial Services Committee
Source: https://coincu.com/339846-us-congress-crypto-legislation-august-deadline/