Senate Democrats Reaffirm Support for Crypto Market Structure Bill
U.S. Senate Democrats are rallying behind a crypto market structure bill after high-level discussions with industry leaders. Over 10 senators, including key negotiator Kirsten Gillibrand, are engaged in crafting tailored regulations for digital assets. The bill's progress follows meetings with prominent executives like Coinbase's Brian Armstrong and Chainlink's Sergey Nazarov.
Tensions persist around DeFi oversight, but policymakers express confidence in resolving these gaps. Meanwhile, Republicans continue advocating for their competing Digital Asset Market Clarity Act, setting the stage for a legislative showdown that could shape America's crypto regulatory framework for years to come.