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U.S. Senator: The cryptocurrency market structure bill is not expected to pass before April
By: rootdata|2026/03/13 11:42:00
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According to Cointelegraph, U.S. Senate Majority Leader John Thune stated that the Senate is not expected to advance digital asset market structure legislation before April. Thune mentioned that the Senate plans to prioritize voting on the "Save America Act," which requires voters to provide identification as proof of U.S. citizenship for registration. The market structure bill is expected to move forward after the vote on this act, likely not until around April when it can be submitted by the Banking Committee.
This is inconsistent with the earlier expectations of Ohio Senator who hoped to pass congressional legislation in April. The Senate Agriculture Committee has advanced its version of the bill, but the Banking Committee has postponed the merger procedures that were due in January. Last week, President Trump accused banks of "holding hostage" the bill, and although the White House has held three meetings with representatives from the crypto and banking industries, it remains unclear as of Thursday whether policymakers have reached any agreements.
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