According to Senator Tim Scott, chairman of the Senate Banking Committee, legislation establishing rules for U.S. crypto markets will be finalized by September 30, potentially reducing regulatory uncertainty and boosting investor confidence in cryptocurrencies like ETH. Scott stated this to White House crypto adviser Bo Hines, urging the House to quickly approve the stablecoin bill to align with President Trump's timeline. Concurrently, ETH prices show declines, with ETHUSD trading at $2441.67, down 1.663% in 24 hours, as per market data.