According to U.S. Senator Tim Scott, chairman of the Senate Banking Committee, legislation establishing rules for U.S. crypto markets will be finalized by September 30, as he announced at a press event. Scott stated this timeline could provide regulatory certainty, reducing market uncertainty and potential price volatility for cryptocurrencies like ETH, while emphasizing swift action on the stablecoin bill. Senator Cynthia Lummis supported the deadline, but Representative French Hill indicated unresolved issues might delay House approval, prolonging regulatory risks for traders, as reported in the announcement.

According to Fox News, Trump achieved a significant legal victory over Governor Newsom regarding control of the National Guard, a move which may foster increased regulatory certainty and stability for US financial markets, including the cryptocurrency sector. Traders should note that enhanced federal authority could streamline policy responses during periods of market volatility, potentially reducing risk premiums on digital assets like BTC and ETH. The development is being closely monitored by institutional investors for its implications on market sentiment and risk management strategies. (Source: Fox News, June 20, 2025)