Elizabeth Warren Calls for Crypto Investigation While Coinbase Executives Discuss Market Structure Bill with Tim Scott

Industry Meeting with Senators: Crypto executives and lobbyists met with U.S. senators, including Tim Scott, to discuss a stalled market structure bill, with key industry players like Coinbase and Kraken present.

Legislative Timeline Delays: Negotiations on the regulatory framework for digital assets, including Bitcoin and Ethereum, are expected to pause until January, complicating the industry's push for progress before year-end.

Sticking Points in Negotiations: Key issues include how to regulate decentralized finance platforms and proposals aimed at restricting government officials' ties to the crypto industry, which are seen as targeting Donald Trump.

Political Scrutiny Intensifies: Senator Elizabeth Warren's request for investigations into PancakeSwap has heightened tensions around enforcement and political influence, potentially fracturing negotiations further.