U.S. Senate Democrats still support crypto legislation
2025-10-22 22:18:38
A number of crypto executives met with Senate Democrats and Republicans on Wednesday to discuss promoting the crypto market structure bill. Chainlink CEO Sergey Nazarov said that the Democrats showed continued willingness to support bipartisan legislation, and the meeting restarted the dialogue between the industry and lawmakers. Senate Banking Committee Chairperson Tim Scott called on Democrats to return to the negotiating table immediately for substantive discussions. Although there are still procedural obstacles such as committee deliberations and House reconsideration, the industry believes that passing the bill will help digital assets gain recognition from the US government. Failure to complete it in the short term does not mean failure.
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