Trump’s crypto ties derail bipartisan stablecoin push in senate

Trump’s crypto ties derail bipartisan stablecoin push in senate

A bipartisan stablecoin bill (GENIUS Act) faces Senate roadblocks due to Democratic concerns over Trump’s crypto ties. Democrats cite Trump’s memecoin, stablecoin involvement, and potential Binance stake as raising conflict-of-interest issues. Nine Senate Democrats (including previous supporters) now oppose the bill’s current form, demanding stronger safeguards. What recently appeared as a rare opportunity for bipartisan […]

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