Trump Collides with Stablecoin Bill! Democrats Block Crypto Market Reform! 💥

The stablecoin bill faces significant political resistance! Democratic senators join forces to oppose the current version, and the reason is that Trump may gain personal benefits from it! 💸

Trump's relationship with the cryptocurrency industry is becoming increasingly close—he not only held a dinner for his own memecoin but also collaborated with a company supported by the Trump family to launch a stablecoin, triggering a strong reaction from the Democrats! They are worried that this will allow Trump to rake in profits, potentially affecting the progress of the entire market structure bill! 😡

In this context, the legislative process for the crypto market has come to a standstill, and even the stablecoin bill is difficult to advance. Trump's 'conflict of interest' makes the Democrats hesitant to easily support this reform, leading to a suspension of congressional discussions and a distant prospect for the bill's passage. ⚖️

This political game not only impacts the crypto bill but also delays the industry's regulatory process. Crypto moguls are getting anxious, calling on Congress to continue advancing legislation to avoid missing regulatory opportunities. 🔥

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