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WASHINGTON (AP) — Senate Democrats have blocked legislation to regulate stablecoins, a form of cryptocurrency, after arguing ...
Efforts to bring federal oversight to the stablecoin market stalled in the Senate on Thursday, with Democrats opposing ...
Stablecoin legislation — one of two key ... The GENIUS Act passed out of the Senate Banking Committee with support from five Democrats in March, while its companion in the House, the STABLE ...
The bill, which would regulate how stablecoin issuers operate in the U.S., had previously won some Democratic support. But it failed 49-48 on a procedural vote Thursday after Democrats said that ...
Democratic lawmakers are concerned about ties between Binance and Trump family ventures, asking for details and calling for ...
Democrats are pushing back on a bill that has been seen as an easy win for the crypto industry. The stablecoin bill has lost bipartisan support as Donald Trump pursues various crypto ventures.