U.S. Lawmakers Aim to Finalize Crypto Bill by September

U.S. lawmakers have set a September deadline for finalizing a comprehensive crypto bill, marking a significant push to regulate the rapidly evolving digital asset landscape. The legislative team, led by Senators Tim Scott and Cynthia Lummis, is preparing to introduce the bill before Congress adjourns for its August recess. Formal review is expected to begin in early September, with final touches completed by the end of that month.

David Sacks, President Trump’s advisor on AI and crypto policy, expressed support for the timeline and credited the senators for establishing a concrete schedule. Sacks noted that the Trump administration is prioritizing clear crypto regulations and is particularly supportive of stablecoin innovation, which could help rally bipartisan backing. If enacted, this legislation could serve as the cornerstone for how digital assets are defined and regulated in the U.S.—clarifying whether specific tokens fall under the jurisdiction of the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC).

This potential shift is a major moment for the industry, which has long operated under a fog of legal uncertainty. A defined market structure could pave the way for more institutional adoption, streamlined product launches, and a broader expansion of blockchain-based financial services. The bill is also expected to provide a framework for stablecoins, a segment of the crypto economy that has become critical for real-time payments and decentralized finance. With growing political support and economic interest, these digital assets could soon benefit from a more supportive regulatory environment.

While some observers view the September goal as optimistic, the renewed momentum in Washington signals that crypto is now firmly on the national policy agenda. If the legislation passes on schedule, the U.S. could take a leading role in shaping the future of global digital finance. The push for crypto regulation comes amid broader discussions on financial policy and market structure. The administration's desire for a balanced regulatory framework that fosters innovation while protecting consumers is evident in the push for swift action on the crypto bill.