TLDR
- Senators met Coinbase and Ripple executives to revive crypto regulation talks.
- The White House calls the crypto market bill a key legislative priority.
- Bipartisan senators plan more meetings to finalize the market structure bill.
- Industry CEOs urge Congress to create clear U.S. rules for digital assets.
Lawmakers in Washington are signaling fresh momentum toward advancing long-awaited cryptocurrency market structure legislation. On Tuesday, U.S. senators from both parties met with leading crypto executives including Coinbase’s Brian Armstrong and Ripple’s Stuart Alderoty to revive discussions around a bipartisan bill that could define how digital assets are regulated across U.S. markets before the 2026 midterms.
Lawmakers Renew Focus on Crypto Regulation
The meeting, held on Capitol Hill, brought together Senate Banking Committee members and top industry figures to discuss the stalled market structure bill. President Trump’s policy adviser on crypto and artificial intelligence, David Sacks, also met with Republican senators to emphasize the administration’s commitment to passing the legislation this year.
According to sources familiar with the meeting, Sacks said the White House views the bill as a “priority” for advancing digital finance oversight. Lawmakers from both parties attended the sessions, with Senator John Kennedy cautioning that the legislation is “complex” and may need additional hearings before moving forward.
Democrats, including Senator Kirsten Gillibrand, also met with party members such as Majority Leader Chuck Schumer to align their position. Despite differences in approach, both sides expressed readiness to continue bipartisan talks.
Industry Executives Join Senate Discussions
Executives from several major crypto firms joined the meetings, reflecting growing engagement between policymakers and the digital asset sector. Among those in attendance were Coinbase CEO Brian Armstrong, Ripple Chief Legal Officer Stuart Alderoty, Galaxy Digital CEO Mike Novogratz, Kraken CEO Dave Ripley, Chainlink’s Sergey Nazarov, and Uniswap’s Hayden Adams.
Other participants included Circle’s strategy head Dante Disparte, a16z Crypto’s Miles Jennings, and representatives from the Solana Policy Institute, Jito, and Paradigm. The discussions focused on how to design a framework that supports innovation while maintaining investor protections.
Armstrong said during the talks that “momentum for clarity on crypto rules is at an all-time high,” adding that lawmakers remained engaged despite ongoing budget pressures and political gridlock.
Renewed Efforts to Break Legislative Deadlock
In the afternoon session, a roundtable led by Senators Tim Scott and Cynthia Lummis brought together Republican lawmakers and industry executives. The goal was to address previous breakdowns in negotiations and find a cooperative path forward.
Talks between Democrats and Republicans had stalled after disagreements over decentralized finance regulations and timelines for reviewing the bill. However, aides from both parties said the roundtable helped reset discussions and created a more collaborative environment for moving the legislation ahead.
Senator Lummis reportedly emphasized the need to “get digital asset rules right” while maintaining bipartisan balance. Republican staff confirmed that more meetings are scheduled in the coming weeks.
Path Forward for Market Structure Legislation
The proposed market structure bill aims to define the roles of U.S. financial regulators in overseeing digital asset trading. It seeks to provide legal clarity for exchanges, stablecoin issuers, and decentralized protocols operating in the country.
Industry participants believe that passing the bill could establish clear federal rules, which may attract more institutional investors and support compliance-based growth. While the timing of the next committee review remains uncertain, lawmakers from both sides signaled that discussions will continue before the year ends.
As Armstrong described after the meeting, the process is “a freight train leaving the station,” suggesting that optimism for bipartisan progress is growing across Washington and the crypto industry alike.
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