Senate Democrats Plan Friday Call on Crypto Market Structure Bill
Senate Democrats pursuing a Friday call with crypto industry on market structure bill
U.S. Senate Democrats are set to reopen talks with representatives from the cryptocurrency industry on Friday, according to people familiar with the plan who spoke to CoinDesk. The discussion is expected to focus on a crypto market structure bill and concerns about how it could be amended.
One of the central issues raised publicly involves proposed limits on certain “rewards” tied to crypto activity. A lawmaker told reporters at the Capitol that restrictions on these rewards were “maybe the biggest” of his concerns with the bill, while also noting there were additional issues. He said it would be “risky” to move forward if the legislation could be amended in a way that bans the rewards entirely, according to the report.
The planned call reflects ongoing negotiations around how Congress should regulate the crypto market. Market structure bills generally aim to clarify rules for how digital assets are issued, traded, and overseen—questions that have drawn scrutiny from policymakers and are closely watched by the industry.
Friday’s talks indicate Senate Democrats and industry representatives remain engaged on the details, particularly on provisions that could materially affect how crypto products and services operate if enacted.
