The White House Discussed the Crypto Market Structure Proposal

Cryptocurrency Meeting at the White House

During a meeting on the United States Senate's cryptocurrency market structure bill, one of the participants expressed that there is a need for "the right kind of progress" in the discussion. The White House aimed to make progress in legislative negotiations by meeting with policy experts in the sector. In this context, finding compromises to support some resistant Democrats was a key focus.

Next Steps

The main goal is to get the bill passed through the Senate Banking Committee. This step is aimed at balancing last week’s Republican-backed efforts that passed through the Senate Agriculture Committee.