Senators Push Crypto Bill Forward, But Not Everyone’s Convinced...
A recent X post claimed that U.S. Senators are aiming to pass a $Bitcoin and crypto market structure bill by the end of November. The news spread fast across the crypto space — but official statements tell a different story. While lawmakers are indeed working on the framework for digital asset regulation, a confirmed November vote seems far from guaranteed.
Crypto News: Where the Bill Stands
The core of the legislative effort lies in the CLARITY Act of 2025 (H.R. 3633), which was passed by the U.S. House earlier this year. The bill sets out to define clear boundaries between SEC and CFTC oversight, helping bring long-needed clarity to digital asset classifications.
In the Senate, the Banking Committee introduced its own draft of a “crypto market structure” bill back in July 2025. Committee Chair Senator Tim Scott had initially hoped for completion by September 30, but the deadline passed quietly with no progress announcement.
Official Senate Remarks on Progress
On October 16, 2025, Senator John Kennedy confirmed that the committee is still reviewing legislation related to Bitcoin and digital assets:
“The Senate Banking Committee is in the process of considering market-structure legislation for digital assets, for Bitcoin, for crypto. I hope we’ll move it quickly, but I hope we’ll move deliberately.”
This statement underscores an ongoing effort, but not an immediate deadline.
Meanwhile, Politico reported on October 9 that bipartisan talks had broken down — casting doubt on any short-term vote. Without clear consensus, the chances of passing the bill before year-end appear slim.
The Truth Behind the “End of November” Buzz
No official Senate release or leadership statement has confirmed an end-of-November target for passage. The circulating claim seems to stem from unverified social media speculation rather than official scheduling.
According to Unchained Crypto and Arnold & Porter, the Senate still intends to advance the bill, but with other legislative priorities and limited floor time, the likelihood of a November vote remains uncertain.
Crypto Prediction: What’s Next for the Crypto Market Bill
The crypto market structure bill remains one of the most significant steps toward comprehensive digital asset regulation in the U.S. — a move that could reshape how exchanges, tokens, and investors operate.
However, given current Senate dynamics, the timeline looks more like Q4 2025 or early 2026 than November. Until formal hearings or markups are scheduled, traders and industry leaders should treat the rumored November passage as optimism — not confirmation.
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