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WASHINGTON (AP) — Senate Democrats have blocked legislation to regulate stablecoins, a form of cryptocurrency, after arguing ...
Democrats turned against a Senate stablecoin bill Thursday that some had supported in committee, leaving it short of votes ...
By Hannah Lang (Reuters) -Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens ...
Senate Democrats blocked stablecoin legislation backed by the digital assets industry amid a furor over President Donald ...
The vote to invoke cloture on the Senate's stablecoin bill failed 48-49, delaying the final passage of the crypto legislation ...
The failed vote presented a stunning setback for the measure after last-minute opposition from a bloc of crypto-friendly Democrats derailed talks.
Efforts to bring federal oversight to the stablecoin market stalled in the Senate on Thursday, with Democrats opposing ...
The stablecoin bill should ultimately still sail through Congress, one person who works with lawmakers and legislative aides told CoinDesk, but any slowing of ongoing momentum could threaten that ...
A group of pro-crypto Senate Democrats said Saturday they would oppose GOP-led stablecoin legislation that some of them previously supported if it goes to the floor in its current form, a stunning ...
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.
Nine Democrats objected in a statement that said they couldn't support the existing stablecoin bill under these conditions. Jesse Hamilton is CoinDesk's deputy managing editor on the Global Policy ...
Senate Minority Leader Chuck Schumer — who has warmed up to crypto over the past year — privately urged Democrats on Thursday not to commit to supporting the stablecoin bill, according to two ...