Crypto industry insiders meet with key senators on market structure bill negotiation
CoinDesk
Industry leaders met with Senator Tim Scott and other lawmakers to negotiate details of the crucial crypto market structure bill.Summary
Executives and lobbyists from firms like Coinbase, Kraken, and Chainlink, alongside advocacy groups, met with Senator Tim Scott and Democratic lawmakers to negotiate the ongoing crypto market structure bill. This legislation is the industry's most significant policy goal. The talks are focused on resolving sticking points, including the treatment of decentralized finance (DeFi) and a Democratic proposal banning senior officials from having personal business ties to the industry. Hopes for advancing the bill this year have slipped, with negotiations now expected to continue into January, complicated by upcoming federal budget deadlines.
(Source：CoinDesk)