U.S. Market Structure Bill Discussions May Extend Into January, Stakeholders Report
## U.S. Market Structure Bill May Slide to January as Talks Continue Over Several Points
The proposed U.S. Market Structure Bill may be postponed until January as discussions persist over key issues. Important stakeholders in Washington are actively engaged, indicating a significant push for progress in the legislation. The negotiations come amid a heightened focus on protecting software developers and decentralized finance (DeFi).
Cody Carbone, CEO of the Digital Chamber, a prominent advocate for cryptocurrency in Washington, expressed strong optimism regarding the negotiations. "I've never been so optimistic, and I've never seen both parties so eager to sit at the negotiating table and move paper back and forth," he stated.
Despite the ongoing talks, Carbone noted that the legislative calendar is tight. "Negotiations are still underway, but realistically looking at the calendar, there are only a few days left," he remarked. This acknowledgment suggests that, while progress is being made, the timeline for finalizing the bill is growing increasingly limited.
He clarified that the shift of discussions into January should not be interpreted as a diminishing momentum. "So it's not a sign of momentum shifting that these conversations are moving into January. The progress is still happening, and I would expect real movement early in the new calendar," Carbone added.
Given the potential implications for both the cryptocurrency sector and software development communities, stakeholders are closely monitoring the outcome of these discussions as they unfold.
This report is for informational purposes only and is not financial advice.