A coalition of Senate Democrats who are supportive of cryptos expressed on Saturday that they would oppose stablecoin legislation sponsored by the Republicans if it is brought to the floor in its current form. This outcome has been characterized as a stunning turn of events that might derail the bill in the Senate. The statement…
Surprise Reversal from Democrats A surprising twist has emerged in the Senate as nine pro-crypto Democrats have announced their opposition to the GOP-backed stablecoin bill. The reversal comes just days before the Senate is set to begin deliberating on the legislation, which is designed to create the first-ever regulatory framework for stablecoins in the United…
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