Negotiations on the crypto market structure have made progress but remain in a "delicate state," with unexpected developments occurring during the meeting.

Odaily Planet Daily reports that crypto journalist Eleanor Terrett wrote on the X platform that Patrick Witt, executive director of the White House Cryptocurrency Commission, attended a Senate Republican meeting regarding cryptocurrency market structure. After the meeting, Lummis told reporters that negotiations surrounding yields and returns are progressing but remain in a "delicate state," with the focus shifting from the upcoming legislative text to "who needs to be reached." Lummis stated that the meeting provided an unexpected path forward. Patrick Witt appeared dejected after the meeting and did not comment on its content. Tim Scott also declined to comment afterward, stating he would not speak to reporters in the hallway.