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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.
The crypto industry is brushing off a failed vote on a stablecoin bill in the Senate, underscoring recent progress and the ...
Cryptopolitan on MSN1d
Sen. Tim Scott promises “painful repercussions” for Democrats who stalled crypto’s GENIUS ActSenator Tim Scott said on Friday night that Democrats who voted against the GENIUS Act should expect “painful” political ...
Some in the industry say the focus on Trump’s conflicts is derailing critical policy progress for the broader crypto sector.
The GENIUS Act failed a key Senate vote Thursday, leaving the future of the stablecoin bill and other crypto legislation in ...
Cryptopolitan on MSN2d
US Crypto laws are coming fast, Coinbase CEO teases major moves next weekCoinbase CEO Brian Armstrong sees great progress in the US crypto legislation this week and expects more to come next.
Pro-crypto Democrats use a failed amendment to bypass filibuster rules, clearing the path for the GENIUS Act stablecoin bill ...
Some lawmakers who had shown a willingness to support crypto legislation are backtracking on concerns about President Trump’s ...
Cryptopolitan on MSN1d
Trump’s crypto ambitions keep crashing into his own actionsAnd no, it wasn’t party politics that killed the bill—it was Trump’s personal coin empire blowing everything up from the i ...
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