# Insight 🇺🇸 Decrypt: Wall Street & crypto leaders eye a compromise

A week before the US Senate’s final vote on the CLARITY bill, representatives from SIFMA (Wall Street) and the crypto industry met in private to try to shape the final version of the legislation that will define the crypto market.

**What’s at stake**

- SIFMA pushes back against relief for DeFi developers.

- Banks aim to ban yield‑generating stablecoins.

- Crypto leaders fight to protect DeFi and those yield stablecoins.

The meeting was called “productive,” though few details were shared. With a tight deadline, months of bipartisan talks could be thrown off balance, so winning bipartisan support is key to CLARITY’s passage. More than 50 crypto‑company reps have already met senators, trying to tip the scales in their favor.