Crypto's Half-finished Legislative Agenda Teeters as CEOs Set Meeting With Democrats

Key executives from the cryptocurrency industry are set to meet with U.S. Senate Democrats to advance discussions on market structure legislation, which has stalled recently. This meeting comes amid concerns that momentum for passing comprehensive crypto regulations in 2025 is waning. Notable figures from companies such as Coinbase, Chainlink, and Uniswap plan to express their urgency for moving past contentious issues that have arisen in the talks and are looking to re-establish open lines of communication with lawmakers. Earlier, optimism existed that this legislation would be completed by the end of the year, especially after the House passed its version with the Digital Asset Market Clarity Act. However, the Senate's progress has been slow due to deepening disagreements and recent government shutdowns. While some predict the legislation may not be finalized until next year, the CEOs attending the meeting believe that renewed discussions could help create a regulatory framework for the crypto market by resolving the current impasse.

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