Negotiations on Crypto Market Structure Make Progress but Remain in a "Delicate State," Unexpected Path Forward Emerges in Meeting

Odaily News: Crypto journalist Eleanor Terrett posted on X platform, stating that Patrick Witt, Executive Director of the White House Crypto Council, attended the Senate Republican meeting on cryptocurrency market structure. After the meeting, Lummis told reporters that negotiations around yields and returns are making progress but remain in a "delicate state," with the focus shifting from upcoming legislative text to "who needs to be engaged." Lummis said the meeting revealed an unexpected path forward. Patrick Witt appeared frustrated after the meeting and did not comment on its content. Tim Scott also declined to comment after the meeting, stating he does not give interviews to reporters in the hallway.