The US Senate crypto market legislation has stalled, and crypto industry executives will meet with Democrats this week to promote progress
2025-10-20 22:39:02
Progress on the most important market structure legislation in the US crypto industry has been slow and may be delayed until next year. Coinbase CEO Brian Armstrong, Chainlink co-founder Sergey Nazarov, Uniswap's Hayden Adams, and Solana Policy Institute president Kristin Smith will meet with a number of Democratic senators this week to advance the contentious provisions negotiations and maintain industry communication. Executives from Kraken, Galaxy Digital, a16z Crypto, and Circle will also participate. The House and Senate had been optimistic about the completion of the legislation, but Senate negotiations have been slow due to controversy and budget issues. The industry generally expects that the bill may not be completed until next year.
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