Galaxy Research's head, Alex Thorn, reported ongoing bipartisan discussions on the U.S. cryptocurrency market structure bill. Key Democratic demands include compliance with sanctions for DeFi front-end platforms, enhanced Treasury authority, and new rules for non-decentralized DeFi. Additional proposals involve revising crypto asset classifications, investor protections for crypto ATMs, and a $200 million fundraising cap for issuers. Republicans aim for Senate Banking Committee review by January 15, but consensus remains uncertain as several issues are unresolved.