Nine Senate Democrats pull support for stablecoin bill, putting future in doubt: CNBC Crypto World
On Yesterday’s episode of CNBC Crypto World, bitcoin falls to start the week. And, a group of Senate Democrats say they would now oppose the chamber’s GENIUS Act stablecoin regulation bill in its current form, even though some of them previously backed the legislation. Plus, Hadley Stern, chief commercial officer at Marinade, weighs in on the potential timeline for stablecoin legislation in the U.S. following that hiccup.
