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@ tzongocu
2025-05-04 08:31:26
📰 News Alert...
🔖 Title: Senate Democrats Withdraw Support for GOP's Stablecoin Bill Over Key Concerns
🗓️ Published: 2025-05-03T14:55:00-04:00
📄 Summary: A coalition of pro-crypto Senate Democrats has expressed opposition to a Republican-led stablecoin bill, known as the GENIUS Act, threatening to halt what could be the first regulatory framework for stablecoins in the U.S. The group, which includes notable members like Senators Ruben Gallego and Mark Warner, cites unresolved issues in the legislation regarding Anti-Money Laundering measures, national security, and accountability. Despite their concerns, the senators remain committed to collaborating on responsible cryptographic regulation moving forward.
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https://cointelegraph.com/news/democrats-pull-support-gop-stablecoin-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Amin Haqshanas
💓 #Stablecoins #CryptoRegulation #SenateNews