US Senate Democrats are set to resume discussions on a cryptocurrency market structure bill today, marking the first significant meeting since the Senate Banking Committee postponed the Clearance Act last month. The meeting aims to align positions on key issues such as ethics and decentralized finance (DeFi). Prior consultations with crypto industry representatives have taken place, though it remains uncertain if stablecoin yields will be addressed, a contentious topic that stalled previous talks.
On February 3, representatives from the crypto and banking sectors engaged in "constructive" discussions at the White House. Patrick Witt, executive director of the White House Crypto Council, described the meeting as "fact-based and solution-oriented," urging parties to reach an agreement by month's end. The White House and Senate Banking Committee have stated that no new deliberation dates will be set until unresolved issues are addressed.
US Senate Democrats Resume Crypto Market Structure Bill Talks
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
