Senator Cynthia Lummis's office expects to release a draft of the Senate's market structure crypto bill by July 19, 2025, with full legislative progress not expected until Fall 2025 or later.
"Senator Cynthia Lumis, she's working on a Senate version of the House market structure bill and she told me yesterday that they expect to have a draft of their bill out this week, but they might not start actually moving it forward until the fall or even later."