Executives from certain exchanges, Galaxy Digital, and other companies gather at Capitol Hill with David Sacks to promote market structure reform.

ChainCatcher reported that executives from major cryptocurrency companies, as well as David Sacks, President Trump's policy lead for cryptocurrency and artificial intelligence, gathered on Capitol Hill to meet with Senate Republicans and Democrats to discuss market structure legislation.

The purpose of this meeting is to restart bipartisan dialogue and strive to bring relevant bills to President Trump's desk before the midterm elections. At 10:00 a.m., David Sacks will meet with Republican members of the Senate Banking Committee, emphasizing that passing market structure legislation is a priority for the Trump administration this year. At 11:30 a.m., Senator Kirsten Gillibrand will host a Democratic roundtable, with participants including Minority Leader Chuck Schumer and 11 other senators, as well as about 10 industry executives, including a certain exchange CEO, Galaxy Digital CEO Mike Novogratz, and another exchange CEO. At 2:00 p.m., some industry leaders will attend a Republican roundtable hosted by Banking Committee Chairman Tim Scott and Cynthia Lummis. Previously, the two parties had serious disagreements over decentralized finance regulation, and negotiations had once broken down.