#USStablecoinBill
Senate Democrats—including pro-crypto voices—are pushing back against a Republican-led stablecoin bill, potentially halting the advancement of the first U.S. regulatory framework for stablecoins. Their concerns center on the need for stronger safeguards around AML, national security, and accountability.
Latest Update:
A joint statement has been issued by Senators Raphael Warnock, Catherine Cortez Masto, Ben Ray Luján, John Hickenlooper, and Adam Schiff addressing the proposed legislation.