US Senator Moreno called the crypto bill negotiations "frustrating," with the legislative process progressing tensely towards the end of the year.

PANews reported on December 9th that, according to The Block, Ohio Republican Senator Bernie Moreno stated that negotiations surrounding the cryptocurrency market structure bill over the past few weeks have been "quite frustrating," and Democrats and Republicans plan to meet on Tuesday. On Monday, at the Blockchain Association Policy Summit in Washington, D.C., Moreno outlined the progress of discussions regarding the scope of this broader bill. Moreno said, "I don't want to rush into a bad bill just to show we've passed some legislation. It's better to do nothing than to make a bad deal."

The versions of the market structure bill from the House and Senate are still awaiting reconciliation. The House passed its version of the Clarity Act in July. While the Senate proposal is not significantly different, passing a bill in the Senate is generally more difficult than in the House. Previously, Senate Banking Committee Chairman Tim Scott, a Republican, stated that holding a hearing on bill revisions on December 17th or 18th was "feasible." However, on Monday, Senator Mark Warner, a Democrat, revealed that completing the hearings before the holidays would be challenging, as they are awaiting the White House's stance on quorum and ethical considerations.