Senators and Bank CEOs Meet as Crypto Oversight Bill Nears December Vote
Senators are scheduled to meet with the CEOs of several large banks this week as momentum builds behind a bipartisan bill that would establish a federal regulatory framework for digital assets. With a December floor vote looming, lawmakers and industry leaders aim to hammer out technical details around custody, market oversight and the roles banks may play under the new regime.
The talks matter because a clear, federal rulebook could reduce legal uncertainty for institutions, encourage wider participation from banks and custodians, and strengthen consumer protections — all factors that could support market stability. While key disagreements remain on specifics like stablecoin oversight and enforcement authority, the meeting signals growing alignment between policymakers and major financial firms ahead of what could be a decisive vote for U.S. crypto policy.