Major financial institutions on Wall Street and the crypto industry have experienced a turning point in negotiations. According to industry insiders, a delegation from a global financial industry association held closed-door talks with key players in the crypto sector on Thursday, reaching preliminary consensus on several core issues. The most notable development is the substantial progress made by both sides on the regulatory framework for decentralized finance (DeFi).

The timing of this meeting is particularly critical — the Senate plans to vote on an important bill related to the structure of the crypto market next week. Industry insiders believe that this closed-door meeting could influence the final legislative direction. The alignment of positions between Wall Street and the crypto industry often signals new trends in regulatory policies.