{"id":176853,"date":"2025-10-23T11:45:09","date_gmt":"2025-10-23T08:45:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=176853"},"modified":"2025-10-23T11:44:15","modified_gmt":"2025-10-23T08:44:15","slug":"crypto-executives-confront-angry-senators-as-regulation-talks-turn-chaotic","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-executives-confront-angry-senators-as-regulation-talks-turn-chaotic\/","title":{"rendered":"Crypto Executives Confront Angry Senators as Regulation Talks Turn Chaotic"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/www.coindesk.com\/policy\/2025\/10\/22\/u-s-senate-democrats-assure-crypto-ceos-they-re-still-willing-to-move-legislation\" rel=\"nofollow\">meeting<\/a><\/strong>, intended to move forward long-stalled legislation defining how cryptocurrencies should be overseen, instead exposed widening distrust between lawmakers and the crypto industry. According to people familiar with the talks, several senators were angered by what they saw as industry favoritism toward Republicans \u2013 a sentiment fueled by the recent leak of a Democratic draft bill that drew intense backlash from the crypto community.<\/p>\n<p>That proposal would grant U.S. financial agencies broad powers to determine who \u201ccontrols\u201d decentralized platforms, language critics said could effectively criminalize large portions of DeFi. One senator reportedly warned executives that if lobbying tactics similar to those seen earlier this month continued, the entire legislative process could collapse.<\/p>\n<p>Despite the heated exchanges, participants on both sides signaled a willingness to restart dialogue. Industry figures, including Coinbase\u2019s Brian Armstrong, Galaxy\u2019s Mike Novogratz, and Solana Policy Institute\u2019s Kristin Smith, described the meeting as \u201cconstructive but tense.\u201d Smith said Democrats appeared eager to make progress, though trust had clearly eroded.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-176828\" href=\"https:\/\/cryptodnes.bg\/en\/robinhood-users-can-now-buy-bnb-could-this-spark-a-major-rally\/\" title=\"Robinhood Users Can Now Buy BNB &#8211; Could This Spark a Major Rally\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/05\/image1-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Robinhood Users Can Now Buy BNB &#8211; Could This Spark a Major Rally<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>A separate meeting later that day between crypto leaders and Senate Republicans reportedly took a more relaxed tone. Banking Committee Chair Tim Scott emphasized the need for bipartisan cooperation and urged Democrats to commit to a timetable for marking up the bill, arguing that clear rules were vital for keeping innovation in the U.S.<\/p>\n<p>Still, legislative momentum remains fragile. With midterm elections approaching in 2026, the window for passing comprehensive crypto regulation is narrowing. Even so, insiders say there\u2019s renewed determination across both parties to bridge differences before political campaigning consumes the agenda.<\/p>\n<p>As one participant put it: \u201cEveryone\u2019s frustrated. But no one wants to leave this unfinished.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Efforts to bring digital asset regulation to Capitol Hill reached a breaking point this week when top crypto executives met with Senate Democrats in a closed-door session marked by frustration and political finger-pointing.<\/p>\n","protected":false},"author":9,"featured_media":137809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[25],"tags":[280,424,266],"coin_category":[],"class_list":["post-176853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulations","tag-coinbase","tag-crypto","tag-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Executives Confront Angry Senators as 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