U.S. Senate Blocks Stablecoin Regulation with 48-49 Vote

Krutika Adani

Stablecoin Bill Falls Short

The GENIUS Act, aimed at regulating stablecoins, fails by a single vote in the Senate.

Trump Clause Sparks Discord

Democrats oppose the bill for lacking restrictions on Trump’s crypto dealings.

Market Left in Regulatory Limbo

Without new rules, stablecoin issuers remain in a grey zone, risking further volatility.

Warren Pushes Democrats

Elizabeth Warren blasts Trump’s crypto ties, pushing Democrats to stall the bill.

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