The US Senate is scheduled to resume discussions today on a bill to structure the cryptocurrency market.

U.S. Senate Democrats plan to meet later today to restart discussions on a cryptocurrency market structure bill. This will be one of the most crucial meetings since the Senate Banking Committee postponed the bill's consideration last month. Pro-crypto minority members will gather to discuss key issues, including ethics and decentralized finance (DeFi), and to define their positions. The meeting comes as Democratic senators and their staff have held multiple consultations with cryptocurrency industry representatives in the weeks following the postponement. It is unclear whether the agenda will include the issue of stablecoin yields, the very issue that brought the January interest rate hike process to a halt. Both sides described Monday's meeting at the White House with cryptocurrency and banking industry representatives on this issue as "constructive." White House Cryptocurrency Council Executive Director Patrick Witter called the meeting "fact-based and solution-oriented," expressing confidence that the issue will ultimately be resolved. (Cryptoinamerica)