The US Senate has made progress on cryptocurrency legislation and is expected to hold a full vote in early 2026 According to Crypto In America, on Tuesday morning, Tim Scott, Chairman of the U.S. Senate Banking Committee, revealed a preliminary timetable for the Senate to advance structural reforms in the cryptocurrency market, providing clear information for the industry. Scott said in a television interview, "By the end of this year, next month, we believe that both committees will be able to complete their deliberations and vote, and submit the bill to the full Senate for review early next year so that President Trump can sign it It is currently unclear when the banking committee will release the revised bill text, but industry sources involved in the process say that key parts are still being finalized. Due to the fact that lawmakers will be celebrating Thanksgiving tomorrow, the draft may not be released until December, or even shortly before its review. At the same time, following the bipartisan discussion draft released by the Senate Agriculture Committee last week, the industry is expected to provide feedback on the draft during Thanksgiving, and many believe that there are still many unfinished parts of the draft. According to Scott's schedule, both the Senate Agriculture Committee and the Banking Committee plan to review and vote next month, and then merge the two drafts into one bill, aiming to submit it for a full Senate vote in early 2026. After the bill is passed by the Senate, it will be sent back to the House of Representatives for final approval and then submitted to President Trump for signature.