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WASHINGTON (AP) — Senate Democrats have blocked legislation to regulate stablecoins, a form of cryptocurrency, after arguing ...
Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens known as stablecoins faced ...
Senate Democrats blocked stablecoin legislation backed by the digital assets industry amid a furor over President Donald ...
Democrats demanded fixes to the GENIUS Act – designed to create a framework for bringing stablecoins into the U.S. financial ...
Treasury Secretary Bessent criticized Senate's failure to pass GENIUS Act, causing concern for lack of federal regulation of ...
Efforts to bring federal oversight to the stablecoin market stalled in the Senate on Thursday, with Democrats opposing ...
The Big Money Show' panel explains why Senate Democrats rallied to block the Trump administration's GENIUS Act.
Senate Banking Committee Chairman Tim Scott held Democrat partisan politics responsible for the GENIUS Act's failure, while ...
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.
Bill Hagerty (R-TN), have spent months negotiating ... Last week, a United Arab Emirates-backed fund agreed to use the Trump stablecoin “USD1” for a $2 billion transaction, stoking allegations ...