US Senate Blocks Stablecoin Legislation Over Trump Memecoin Controversy

A measure to beforehand stablecoins was blocked successful the U.S. Senate connected Thursday (May 8) implicit governmental disagreements and contention surrounding President Donald Trump’s crypto ventures, according to reporting from Bloomberg.
The measure lone garnered 48 votes, falling abbreviated of the 60 votes needed…

This communicative appeared connected pymnts.com, 2025-05-09 02:29:45.