Key US senator on crypto market structure bill negotiation: We think weve got it

U s S Sen. Cynthia Lummis, a lawmaker at the center of debate on the crypto industry’s top policy goal to pass – “the negotiations have probably reached the compromises necessary to move the legislation forward,” said Senator Cynthialummi, who is fighting in her position as an advocate for passing if it wants that market structure bill passed — adding ‘The talks are likely going through what they need to do so much more than anything else we can go about moving this legislation ahead.”

Lummis, chairwoman of the Senate Banking Committee’s digital assets subcommittee, said at the Digital Chamber’S DC Blockchain Summit on Wednesday that “we think we got it.” “We really will be out of the banking committee in April,’ said . ‘A ,’ said.

months of discussions over the Language’s Digital Asset Market Clarity Act has. But after the process was debailed by bank lobbyists who’d argued that stabilitycoin yield would threaten their industry’s deposit accounts, much of this controversy revolved around stablecoine rewards programs which the crypto industry believed were still allowed under last year’S Guiding and Establishing National Innovation for U.S. policies discussed above. S S. GENIUS (Stablecoins) Act), Stablecuin’s (GENEIN)

But the final compromise will prevent crypto platforms from offering rewards that use any language which equates them with deposit yield or tied the rewards to the amount of assets a user holds, according to Wyoming Republican.

She added ‘Anything that sounds like banking product terminology will not be. I haven’t seen the latest language, she added, but said Coinbase CEO Brian Armstrong has been “really pretty good about being willing to answer this question.” The , “It’s a great deal of fun.”

Armstrong and his U.S – . S, meanwhile. The heavily based exchange, which has been closely linked to stablecoin rewards programs, had opposed an earlier compromise effort that was initially used to derail the legislative process on this bill.

Another Republican on the committee, Senator Bernie Moreno, said in a video statement at the same event that two of his panel’s members are Democrats Angela Alsobrooks and Republican Thom Tillis who is “the final stage” for negotiations to secure stablecoin (including the White House). It’s “go time” for the bill once they all sign off.

Previous disagreements over language governing the security of decentralized finance (DeFi) has also been worked out, Lummis said.

After the Senate’s Easter break, Lummis said that it will be a “late April” hearing of the legislation after its senator announced his intention to hear about this. The second required committee approval will be marked if it does clear such a hearing (called’markups’) when it is the first time that has passed – after the Senate Agriculture Committee had already passed an earlier this year’s markup. After it is then re-worked into a combined version of the phrase, which would ultimately eventually be approved by Senate overall.

But the schedule of the Senate, however, is very much in flux with a phrase that paraphrases “Separate” from its scheduled session. In Iran, both sides are threatening unrelated legislative strife over other legislation and the war that may be taking up valuable floor time in the coming weeks as well as some of the more important steps needed to ensure proper execution. And the Senate’s 2026 session will also be shorted by the midterm congressional elections later in the year, and a second term of Congress is expected for its next two sessions to begin.

“We’re going to have this thing done, come hell or high water, before the end of the year,” Lummis said.

UPDATE (March 18, 2026, 15:18 UTC): Adds comments from Senator Bernie Moreno.

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