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Democrats demanded fixes to the GENIUS Act – designed to create a framework for bringing stablecoins into the U.S. financial ...
The setback is a blow to the crypto industry, which has long pushed for lawmakers to pass legislation creating new rules for ...
Senate Democrats have blocked legislation to regulate a form of cryptocurrency after arguing that the bill needed stronger ...
Treasury Secretary Bessent criticized Senate's failure to pass GENIUS Act, causing concern for lack of federal regulation of ...
Senate Democrats blocked stablecoin legislation backed by the digital assets industry amid a furor over President Donald ...
Senate Banking Committee Chairman Tim Scott held Democrat partisan politics responsible for the GENIUS Act's failure, while ...
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