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U.S. 
Senator Cynthia Lummis said Wednesday that a final draft of crypto market structure legislation will be delivered to President 
Donald Trump before Thanksgiving, CoinDesk reports from the SALT conference in Jackson Hole.
What’s the Scoop?
- Revised Timeline: Lummis confirmed that the Senate Banking Committee plans to pass the bill by the end of September, with the Agriculture Committee reviewing it in October, before sending it to Trump.
- Industry Impact: The bill will clarify how the SEC and CFTC divide oversight of the crypto market, making it one of the most consequential pieces of legislation for digital assets.
- Bipartisan Backing: Scott said he expects up to 18 Democrats to support the measure, signaling a rare bipartisan push in Congress.
- Lummis’s Outlook: “We will have market structure by the end of the year,” she said, underscoring confidence that the bill will be enacted under Trump’s pro-crypto administration.
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