Senator Tim Scott, Chairman of the Senate Banking Committee, predicts the cryptocurrency market could surge from approximately $3 trillion to $30 trillion. This tenfold expansion hinges on regulatory clarity provided by the Digital Asset Market Clarity Act of 2025 (H.R. 3633).
The bill, which establishes clear jurisdictional boundaries between the Commodity Futures Trading Commission and the Securities and Exchange Commission, advanced through the Senate Banking Committee with a bipartisan 15-9 vote on May 14, 2026. It was placed on the Senate legislative calendar on June 1, 2026.
Scott’s projection is driven by institutional capital rather than retail speculation. He argues that defined regulations would unlock billions in investment from traditional financial entities, potentially growing the crypto sector to more than half the size of the US equity market.
The legislation still requires full Senate passage. Floor debate is expected in the coming weeks or months. Success would mark the most comprehensive federal regulatory framework for digital assets in American history.