Elizabeth Warren Wants Crypto Investigation, But Coinbase Execs Meet Tim Scott To Negotiate Market Structure Bill
Crypto industry executives and lobbyists met with key U.S. senators on Wednesday for late-stage talks on a stalled market structure bill, as fresh scrutiny from Sen. Elizabeth Warren (D-Mass.) raises the political stakes.
Industry Makes Final Push Before January Reset
Senator Tim Scott (R-SC), chair of the Senate Banking Committee, hosted the closed-door meeting with representatives from major cryptocurrency firms, advocacy groups, and financial institutions, according to people familiar with the discussions, as reported by CoinDesk.
The meeting brought together executives from companies including Coinbase (NASDAQ:COIN), Kraken, and Chainlink (CRYPTO: LINK), alongside trade groups such as the Blockchain Association and DeFi Education Fund.
Representatives from traditional finance, including Goldman Sachs Group Inc. (NYSE:GS) and the …