Hear me out—this is a good sign for those seeking potential cryptocurrency legislation.

Negotiations regarding potential laws and oversight for crypto have been ongoing with a goal for bipartisan “Crypto Market Structure” legislation. But Senate negotiators have been unable to finalize draft text for several months, and there was fear there would be no progress this year and that perhaps we had reached the point in every election year when legislative deal making generally stops as both sides retreat into their bunkers and prepare for the last partisan battle for votes. So despite the conflict in this article, this is a positive development for potential crypto market legislation. 

The Senate works on deadlines and pressure points. It doesn't always (or even usually) finish on time, but it definitely needs these motivators to incite activity. The setting of an August deadline and suggestion that legislation is about to be introduced, and then complaints that the proposed legislation doesn't contain all the necessary provisions to garner bipartisan support, means that both sides are still involved and looking for possible solutions.  

Conflict is always a better sign of potential progress than quiet. If the sides are not fighting, it probably means they are not even talking.