Trump's crypto ventures complicate path for stablecoin legislation as Democrats revolt

By Yahoo! Finance   |   2 weeks ago
Trump's crypto ventures complicate path for stablecoin legislation as Democrats revolt

Democrats are resisting Trump-backed crypto legislation due to concerns about the Trump family's involvement. Led by Sen. Gallego, they oppose a GOP-led bill regulating stablecoins, citing issues like ethics, consumer protection, and anti-money laundering. The bill faces challenges in the Senate.

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