Macquarie sees U.S. Senate near crypto deal as market structure, GENIUS rules advance
Macquarie (MQG) expects the U.S. Senate’s crypto push to accelerate, as recent closed-door talks among Democrats and Republicans over a compromise market-structure bill mark a meaningful step toward bipartisan agreement, the investment bank said in a report last week.
The bank framed a Dec. 8 meeting of Democratic negotiators, including Senators Kirsten Gillibrand, Mark Warner and Ruben Gallego, and a separate meeting between Senators and Wall Street leaders such as Citigroup’s (C) Jane Fraser, Bank of America’s (BAC) Brian Moynihan and Wells Fargo’s (WFC) Charlie Scharf as evidence that lawmakers are moving closer to a deal that could shape the next phase of U.S. digital-asset legislation.
The Senate’s compromise push on a…
