#USStablecoinBill

Things in the U.S. Senate are in turmoil with a law seeking to regulate stablecoins. Although it initially seemed that there would be consensus, the situation has now become complicated.

Several senators who previously supported the bill have withdrawn their support due to concerns about national security and anti-money laundering (AML).

Some political leaders are pushing for the proposal to be rejected, reflecting internal tensions on how to regulate stablecoins.

What is happening?

- National security: There are fears that the law leaves gaps that could be exploited by foreign actors for undesirable purposes.

- Money laundering: The proposal does not have sufficient controls to prevent stablecoins from being used for illegal purposes.

- Political distrust: It is also mentioned that behind the law there could be private interests that generate distrust in the process.

And how does this affect crypto?

Without clear regulation, companies may think twice before getting involved with stablecoins.

This also creates uncertainty for users, who do not know if what they are using is completely legal or safe.

Meanwhile, other countries that are already advancing in regulation could take advantage and seize a part of the spotlight.