Senator Moreno plans discussions with Democrats to address ongoing disputes over stablecoin yields, DeFi oversight, and regulatory authority in stalled crypto market legislation.
U.S. Senate negotiations over the crypto market structure bill remain stalled, with Senator Bernie Moreno criticizing flawed fast-tracking of the process. Moreno will meet with Senate Democrats to gauge positions on the bill, which seeks to define regulatory boundaries between the SEC and CFTC and unify investor protections. Disagreements persist over provisions related to stablecoin yields, rules for decentralized finance, and broader political conflicts that hinder progress.