Top executives from Coinbase, Kraken, and DeFi organizations met with U.S. senators on Wednesday to discuss the ongoing market structure bill. The Senate Banking Committee, chaired by Tim Scott, facilitated the discussions amid delays in the legislation's progress. Key topics included the regulation of decentralized finance (DeFi) and a proposed Democratic ban on official crypto affiliations. The bill, which follows recent stablecoin regulations, is now expected to be postponed until January due to ongoing budget negotiations.