Deliberations over the crypto market structure bill intensify as Democratic senators push for KYC and AML regulations on DeFi, causing public outcry. Lawmakers warn industry representatives that backlash could slow down the bill’s progress. Former Trump official criticizes Democrats, calling their reaction to public review of policy proposals “satire.”

The US government shutdown enters its fourth week, hindering progress on the crypto market structure bill. Despite the shutdown, Wisconsin Representative Bryan Steil remains optimistic that the CLARITY Act will be signed into law by 2026. White House economic adviser Kevin Hassett predicts the shutdown could end this week with bipartisan support.

Bo Hines, former director of Trump’s Working Group on Digital Assets, questions Democrats’ response to public review of policy proposals, calling it satire. Despite the ongoing government shutdown, the crypto market structure bill, known as the CLARITY Act, remains on track for passage by 2026. White House economic adviser Kevin Hassett anticipates the shutdown could end this week with bipartisan cooperation.

Read more at Cointelegraph: Tensions Flare Up Between US Lawmakers and Crypto Industry Execs