币界网报道:U.S. Senator Cynthia Lummis stated that comprehensive crypto regulations may take until year-end to finalize, potentially missing President Trump's August deadline. The Senate recently passed stablecoin legislation, but market structure rules face challenges in gaining bipartisan support. Lummis acknowledged difficulties after a sparsely attended hearing where Democrats raised concerns about potential conflicts of interest involving administration officials' crypto dealings. While some Democrats initially opposed the stablecoin bill over security provisions and Trump's personal crypto interests, they later supported it. The House has advanced its Digital Asset Market Clarity Act but must decide whether to combine it with stablecoin legislation or proceed separately. Senate approval remains the key obstacle, requiring significant Democratic backing for any crypto bill to become law.