🚨 Crypto Industry Representatives Meet with Key U.S. Senators on Market Structure Bill
On Wednesday, December 17, 2025, representatives of the cryptocurrency industry held a meeting with U.S. senators to discuss the status of negotiations on a crypto market structure bill currently under consideration in the U.S. Senate.
The meeting took place amid a pause in Senate discussions ahead of the Christmas recess and became one of the last opportunities this year to review the draft legislation.
Participants included representatives of major crypto companies, industry associations, and traditional financial institutions. Among those present were Coinbase, Kraken, Ripple, a16z, Chainlink, the Blockchain Association, the Chamber of Digital Commerce, the DeFi Education Fund, as well as representatives from Goldman Sachs, BNY Mellon, and the Securities Industry and Financial Markets Association (SIFMA).
The meeting was chaired by Senator Tim Scott, head of the Senate Banking Committee, which is overseeing work on the bill.
According to participants, the discussion demonstrated bipartisan interest in advancing the legislation. However, no final agreements were reached on key issues, and the parties focused on clarifying their positions ahead of the resumption of discussions.
Following the meeting, participants noted that disagreements remain on several provisions, which will require further review in future revisions of the bill. Lawmakers and industry representatives expect negotiations to continue in the coming weeks.
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