Senate Crypto Bill Fails Amid Partisan Divide and Trump Ties
Tuesday, 20 May 2025 ()
The U.S. Senate failed to advance the GENIUS Act on Thursday, May 8, after bipartisan talks collapsed, delivering a blow to efforts to regulate stablecoins, a type of cryptocurrency pegged to traditional currencies like the dollar. The procedural vote came in at 48-49, falling short of the 60 votes required to move forward. All present […]
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