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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.
Scott Bessent has slammed the Senate for blocking the GENIUS Act, warning it weakens U.S. crypto leadership ahead of the 2026 ...
WASHINGTON – Senate Democrats blocked a bipartisan bill to create a legal framework for cryptocurrency after concerns about ...
Senate Democrats blocked a first-of-its-kind bill aimed at regulating cryptocurrency in the US amid Democratic concerns over ...
A bill designed to overhaul stablecoin regulation in the US halted in the Senate amid partisan negotiations. Senator Bill ...
Senate Democrats are in discussions with relevant Republicans about an eleventh-hour meeting to try to save the bipartisan ...
Key figures like Scott Bessent, Senator Cynthia Lummis, and John Deaton raise thier voices against the Senate's inaction on ...
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Warren slams GENIUS Act over Trump-linked USD1 stablecoin dealThe GENIUS Act, a bipartisan effort aimed at establishing a federal regulatory framework for stablecoins, has faced mounting ...
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