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Crypto-Friendly GENIUS Act Fails Key Senate Vote as Dems Defect
In a rare occurrence, which may only last for a week, Democrats in the Senate showed some spine and voted down an important procedural vote on the GENIUS Act, a bill that would establish a (very weak) regulatory framework for the use of stablecoins.
Senate Democrats blocked a first-of-its-kind bill aimed at regulating cryptocurrency in the US amid Democratic concerns over ...
Pro-crypto Democrats use a failed amendment to bypass filibuster rules, clearing the path for the GENIUS Act stablecoin bill ...
Senate Democrats are in discussions with relevant Republicans about an eleventh-hour meeting to try to save the bipartisan ...
Cryptopolitan on MSN3d
Warren slams GENIUS Act over Trump-linked USD1 stablecoin dealThe GENIUS Act, a bipartisan effort aimed at establishing a federal regulatory framework for stablecoins, has faced mounting ...
A group of pro-crypto Senate Democrats appears close to supporting the GENIUS Act once more. The stablecoin bill could face a ...
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