Big Gaps Remain After Crypto Execs Meet With Senators on Market Structure Bill

Major gaps remain between Senate Democrats and Republicans following meetings with key crypto executives regarding market structure legislation. During the discussions, frustrations surfaced from Democrats over the recent leaking of proposed bill language, while Republicans emphasized the urgency of moving forward to avoid a collapse of the bill. The ongoing government shutdown and partisan tensions were highlighted as significant obstacles. Notable attendees included CEOs from major crypto companies, who expressed concerns about the looming timeline for legislation. The meetings revealed a divide within the Democratic party regarding perceptions that the crypto industry leans Republican, prompting calls for more bipartisan cooperation. Industry leaders indicated a critical race against time to push legislation through, with the potential for partisan conflicts further complicating progress.

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