Senate Democrats meet privately to review GOP compromise proposal for crypto market structure bill

Senate Democrats held a closed-door meeting on Monday to review a compromise proposal for the cryptocurrency market structure bill, which has been delayed by partisan disagreements, particularly concerning consumer protections. The offer was reportedly delivered by the team of Senate Banking Chair Tim Scott late last week and represents the first concrete overture in weeks, though specific details remain unclear. Momentum is building for a potential markup of the bill in the Senate Banking Committee this December. Separately, major bank CEOs are scheduled to meet with lawmakers on Thursday to share their policy perspectives on crypto market legislation.

(Source：Crypto Briefing)