Crypto industry insiders meet with key senators on market structure bill negotiation

Some crypto leaders met on Wednesday with key lawmakers as the U.S. Senate is about to take some time off from the negotiations over a crypto market structure bill — the industry’s most important policy aim.

“It was a bipartisan showing of interest and forward momentum,” said Kara Calvert, Coinbase’s vice president for U.S. policy, who spoke with CoinDesk after attending the meeting. She described the sense in the room as: “We are going to get to a markup, and we need to find areas of compromise to get that done.”

Senator Tim Scott, the chairman of the Senate Banking Committee that’s taken a lead on trying to advance the bill, hosted the meeting with several insiders and lobbying groups as the lawmakers continue to negotiate several…

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