US Senate Democrats to meet today on market structure bill: "Deadline for stablecoin interest talks nearing"
Minseung Kang
Summary
- US Senate Democrats were reported to be holding a meeting related to a market structure bill for virtual assets (cryptocurrencies).
- The White House’s March 1 negotiation deadline related to stablecoin interest was reported to be approaching.
- The meeting was reported to be taking place as talks over whether to allow stablecoin interest and yield payments near their final stage.
Forecast Trend Report by Period
US Senate Democrats are set to hold a meeting related to legislation on the market structure for virtual assets (cryptocurrencies).
On the 26th, crypto-focused outlet Cointelegraph reported on X (formerly Twitter) that "Senate Democrats will meet today to discuss market structure," adding that "the White House’s March 1 deadline for negotiations related to stablecoin interest is approaching."
The meeting comes as legislative and executive-branch negotiations over whether to allow stablecoin interest and yield payments enter the final stage. The White House has set March 1 as the negotiating deadline.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
