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Senate Crypto Bill Fails Amid Partisan Divide and Trump Ties
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Senate Crypto Bill Fails Amid Partisan Divide and Trump Ties

The U.S. Senate failed to advance the GENIUS Act on Thursday, May 8, after bipartisan talks collapsed, delivering a blow to efforts to regulate stablecoins, a type of cryptocurrency pegged to traditional currencies like the dollar. The procedural vote came in at 48-49, falling short of the 60 votes required to move forward. All present […]
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