Democrats block stablecoin bill in blow to crypto

Legislation to make a model for outgo stablecoins failed to wide a cardinal hurdle connected the Senate level Thursday, aft respective Democrats voted against moving guardant with information of the bill.
Senators voted 48-49 to extremity statement connected a question to proceed connected the GENIUS Act, abbreviated of…

This communicative appeared connected thehill.com, 2025-05-08 18:28:50.