10 Leading Crypto Figures to Join Senate Democrats’ Roundtable on Market Structure

Ten executives from major cryptocurrency firms, including Coinbase CEO Brian Armstrong and Chainlink CEO Sergey Nazarov, are set to attend a roundtable discussion with pro-crypto Senate Democrats on Wednesday, October 22, to address market structure legislation.

This meeting follows intense industry backlash against a leaked Democratic proposal concerning decentralized finance (DeFi) regulation, which critics argue seeks to impose broad oversight, mandate KYC for non-custodial wallets, and grant the Treasury sweeping power over protocols. Industry figures like Jake Chervinsky have labeled the proposal an "unconstitutional government takeover."

The roundtable will be led by Senator Kirsten Gillibrand, who has previously advocated for crypto clarity but whose campaign has received significant donations from some of the attending executives, according to a BeInCrypto investigation. The discussion represents a critical opportunity for direct dialogue between policymakers and industry leaders while tensions over DeFi regulation remain high.

(Source：BeInCrypto)