Crypto's Half-finished Legislative Agenda Teeters as CEOs Set Meeting With Democrats
Crypto executives are meeting with Senate Democrats this week to try and advance stalled market structure legislation amid growing pessimism about 2025 passage.Summary
Top digital asset executives, including CEOs from Coinbase, Chainlink, Uniswap, and Solana Policy Institute leadership, are scheduled to meet with up to ten Senate Democrats to revitalize stalled negotiations for a comprehensive U.S. crypto market structure bill. The industry hopes to get the legislation back on track following controversial language regarding decentralized finance (DeFi) that emerged from the Democratic side, which insiders deemed unworkable. While both chambers of Congress had previously shown optimism, progress has slowed due to contentious negotiations and missed deadlines, leading many to believe 2025 may be a bust for passage, though some predict completion next year. The meeting aims to ensure open communication between the industry and lawmakers as they navigate the complex regulatory path.
(Source：CoinDesk)