Regarding market rumors that US Democratic Congressman Gallego engaged in an argument during a meeting with several crypto industry leaders, claiming that "the crypto industry has become a pawn of the Republican Party," Galaxy CEO Mike Novogratz clarified the rumors in a post on the X platform. He stated that he was present at the meeting and that the bipartisan talks were very constructive. While there were indeed some differences of opinion, overall, both sides appeared to have a strong interest in legislation and that the relevant bill would pass. Earlier, Coinbase CEO Brian Armstrong stated that the market structure bill has been finalized 90%, with all parties working to finalize the final 10%, and predicted that passage is possible before the end of the year.