U.S. Senate Banking Committee Chairman Tim Scott announced a temporary pause before advancing the crypto market structure bill to the markup stage. Scott emphasized ongoing discussions with crypto industry leaders, financial sector figures, and bipartisan colleagues, all of whom remain committed to negotiations. David Sacks, the White House's AI and crypto affairs lead, stated that the bill's passage is closer than ever, urging the industry to use this pause to resolve remaining differences. Sacks reiterated the White House's commitment to collaborating with Scott, committee members, and industry stakeholders to expedite the bipartisan crypto market structure legislation.