🚨 SENATE STABLECOIN BILL HITS ROADBLOCK—BUT THE FIGHT’S FAR FROM OVER! 🚨
🔹 Cloture Vote Falters 48–49: One vote shy of the 60 needed to kick off debate on the GENIUS Act—bipartisan momentum stalls as Dems demand stronger security & AML safeguards.
🔹 Next Vote Could Come Monday: Lawmakers regrouping behind the scenes with fresh amendments on corruption, foreign issuer rules & consumer protections—expect a speedy rebound.
🔹 High-Profile Heat: Sen. Tim Scott & Rep. French Hill champion swift passage, while Dems push “End Crypto Corruption” amendments to block Trump‐family stablecoins.
🔹 What’s at Stake: The U.S. needs clear rules for dollar-pegged tokens before global competitors steal the lead—this bill shapes DeFi’s next chapter.
🔹 Insider Scoop: Negotiations zeroing in on anti-money-laundering teeth and foreign-issuer oversight to win Dem votes without derailing the wider market structure package.
💬 Your Take: Will they nail the tweaks and clear the floor next week, or is this déjà-vu for crypto policy watchers? Drop your hot takes & tag a friend!
🔁 REPOST to supercharge the Square algorithm—let’s make stablecoin clarity trend!
#Stablecoins #AltcoinSeasonComing #BTCBackto100K #CryptoComeback #AltcoinSeasonLoading
