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The September processing plan for the US cryptocurrency market structure bill has been blocked by the unexpected variable of a shortened House schedule, increasing the likelihood of it being pushed back until after the midterm elections.
According to U.Today on September 3 (local time), the US House Republican leadership canceled the last two weeks of the September session schedule. The House is expected to return to Washington on September 14, but the session will last only four days. After that, they are scheduled to leave the Capitol until the midterm elections are over. This has significantly reduced the time available for processing the US cryptocurrency market structure bill.
The Senate, having completed its August recess, is expected to return on September 14 and hold its first vote on the bill the following day, the 15th. However, even if the bill passes the Senate, final legislation is only possible if the House processes the Senate-approved version again. While the Senate has about three weeks of session remaining from September 15 until the first week of October, the House schedule is only four days.
Brendan Pedersen pointed out on X (formerly Twitter) that this “could be very bad news for the crypto industry.” He analyzed that due to the shortened House schedule, the vote could be pushed to the lame-duck session after the midterm elections. Alex Thorn, former Head of Research at Galaxy Digital, also assessed that the likelihood of the bill passing before the midterm elections has become “extremely low.”
The bill has already received strong bipartisan support once in the House. The House passed its own bill 294 to 134 in July 2025. However, the Senate Banking Committee and Agriculture Committee did not process the House version as is, preparing separate approaches and amendments. A total of 60 votes are required for Senate passage, and both chambers must also reconcile differences in the bills before final legislation.
If processing is pushed back until after the midterm elections, the composition of Congress could change, creating new uncertainties regarding the bill's future. With the House's shortened September schedule and the Senate's separate review process coinciding, the US cryptocurrency market structure bill has encountered significant obstacles to its original schedule of being processed before the midterm elections.
[Article Key Summary]
-The US House of Representatives canceled the last two weeks of the September session, significantly reducing the time for processing the US cryptocurrency market structure bill.
-The Senate is expected to hold its first vote on September 15, but the House is only expected to hold sessions for four days after returning on September 14.
-Alex Thorn assessed that the likelihood of the bill passing before the midterm elections has become “extremely low.”
*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*
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