BlockBeats News, March 19th, Cryptocurrency reporter Eleanor Terrett posted on social media, stating, “Following a cryptocurrency market structure meeting held by Senate Republicans (attended by White House Crypto Czar Patrick Witt), Senator Cynthia Lummis told reporters that negotiations regarding the revenue/reward mechanism are progressing but are still in a ‘delicate stage,’ with the current focus shifting from the upcoming legislative text to ‘who needs to be brought on board.'”
Lummis said, “I think there were some important ideas sparked in this meeting. So there is now a path forward that was not what I anticipated walking into the meeting.” Patrick Witt appeared somewhat frustrated after the meeting and did not make any comments. Senator Tim Scott, as usual, left with a smile but declined to comment, stating he would not be taking questions from reporters in the hallway.”
