Senators emerged from a closed-door meeting focused on ethics language that Democrats want to insert into landmark cryptocurrency legislation split over the status of the talks, with one Republican calling the negotiations a “circus.”

A bipartisan group of senators met in the Capitol Tuesday with a top White House crypto policy adviser to negotiate language that would restrict government officials’ engagements with digital assets — a key demand for Senate Democrats who have raised concerns about the Trump family’s crypto businesses. Lawmakers are trying to come to a deal ahead of a Thursday markup in the Senate Banking Committee.

“The Democrats…

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