Negotiations in the U.S. Senate regarding the Crypto Market Structure Act have yet to reach consensus on several key issues, and actual progress is expected to be delayed until January 2026. While the draft bill has circulated within the industry and high-level discussions have taken place, there are still disagreements on several points, including ethical regulations for government officials and digital assets, whether stablecoins should be tied to yields, and the Securities and Exchange Commission's (SEC) authority over token regulation. Nevertheless, the pace of negotiations remains relatively swift, and industry representatives are optimistic about the bill's advancement. (CoinDesk)