U.S. Senate Passes New Act to Regulate Stablecoins, Signaling Progress for the Crypto Industry
The U.S. Senate has voted in favor of legislation aimed at regulating stablecoins, marking a significant step forward for the cryptocurrency landscape.
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The U.S. Senate has voted in favor of legislation aimed at regulating stablecoins, marking a significant step forward for the cryptocurrency landscape.
The U.S. Senate took significant steps toward finalizing its inaugural crypto regulation bill while the House of Representatives pushes onward with essential market structure reforms.
Top advocacy groups in the cryptocurrency sector are encouraging U.S. senators to maintain focus on the stablecoin bill as unrelated proposals threaten to divert attention.
Senators predict an upcoming vote could lead to the passage of the stablecoin bill aimed at establishing regulatory frameworks.
After recent setbacks, U.S. Senate legislators resume discussion on stablecoin regulation, aiming for a new vote soon.
Democratic objections resulted in a failed Senate vote to advance a crucial bill aimed at regulating stablecoins, putting the regulatory process on hold.
Senator Tim Scott is advocating for legislation to prevent U.S. regulatory agencies from using 'reputational risk' as a rationale for denying banking services to clients.
The U.S. Senate is preparing to vote on the possible repeal of an IRS rule considered a significant threat to decentralized finance (DeFi) projects.
The Senate is gearing up for a fresh attempt at stablecoin regulation, spearheaded by Senator Bill Hagerty and backed by crypto-friendly Republicans.
As Howard Lutnick, President Trump's nominee for Secretary of Commerce, faces the Senate, Senator Elizabeth Warren raises concerns about his connections to Tether.
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