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Crypto czar David Sacks to meet Senate Republicans to revive U.S. crypto market structure bill

Crypto and AI Czar David Sacks is set to meet with Senate Republicans on the Banking Committee to reignite momentum for the long-delayed U.S. crypto market structure bill. 

Crypto czar David Sacks to meet Senate Republicans to revive U.S. crypto market structure bill

This meeting, scheduled for Wednesday morning, marks one of the most significant pushes in 2025 to bring clarity and cohesion to federal cryptocurrency regulations.


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The discussions come amid growing frustration on Capitol Hill over the slow pace of progress in establishing a unified regulatory framework for digital assets. Sacks is expected to emphasize the importance of bipartisan cooperation, encouraging lawmakers from both sides to advance legislation that clearly defines the roles of the SEC and CFTC in overseeing crypto markets. His visit also follows recent remarks by Federal Reserve Governor Christopher Waller, who proposed a modernized payments framework to encourage crypto innovation.

According to journalist Eleanor Terrett, the session will address concerns from senators like John Kennedy, who have expressed skepticism about the implications of the bill. Alongside this meeting, two additional industry roundtables are planned—one led by Senator Kirsten Gillibrand and another by Senator Tim Scott—both aimed at fostering dialogue between lawmakers and leading crypto firms such as Coinbase, Ripple Labs, Chainlink Labs, and Uniswap Labs.


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This renewed political activity underscores Washington’s growing urgency to craft a comprehensive crypto regulatory roadmap. With inflationary pressures and fiscal uncertainty shaping financial sentiment, clearer market rules could provide stability and confidence for investors and exchanges navigating an otherwise fragmented landscape.

By bringing industry leaders and policymakers together, Sacks hopes to bridge the partisan divide and lay the groundwork for the first major bipartisan crypto legislation in U.S. history. The next few weeks could prove decisive in determining whether crypto’s policy future moves from gridlock to tangible reform before year-end.

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