PANews reported on November 19th that, according to The Block, Senator Tim Scott, Chairman of the Senate Banking Committee, stated that the committee plans to vote on the Crypto Market Structure Act next month and hopes to submit the bill to the full Senate in early 2026 for President Trump to sign into law. The bill aims to clarify the regulatory boundaries between the SEC and CFTC and introduce the concept of "auxiliary assets" to define which crypto assets are not considered securities.