Sacks Meets Republicans to Spur Progress on Crypto Market Structure Bill

David Sacks, crypto czar, convened with Republican Senators in a bid to accelerate bipartisan discussions regarding the U.S. crypto market structure bill. The meeting focused on fostering consensus for clear federal rules governing digital assets. Lawmakers are looking to finalize a framework for cryptocurrency markets following months of debate about how to divide oversight between the SEC and CFTC. This move comes amidst growing calls from both parties to establish consistent regulatory guidelines in the U.S. crypto market.