Key U.S. senator on crypto market structure bill negotiation: 'We think we've got it"

Senator Cynthia Lummis, at the center of legislative talks, said the discussion is down to nuance and the bill will finally emerge from her committee in April. What to know : U.S. Senator Cynthia Lummis, who runs the crypto subcommittee within the Senate Banking Committee, says the crypto market structure bill should advance from the committee by late April. She said the talks have essentially worked out a compromise on stablecoin yield that the crypto industry had been hashing out with bankers focused on how stablecoin companies describe their offerings. Lummis, a Wyoming Republican, said she expects the bill to pass the Senate by the end of the year.