🔸The United States Senate is working on a law to regulate "stablecoins" (cryptocurrencies whose value is tied to something stable like the dollar). The latest version of this law has generated changes that could make it easier for Democrats to support it.

However, the law still does not directly address concerns about whether President Trump could personally benefit from this industry, as he also has interests in cryptocurrencies.

An important point that the new version does touch on is the possible issuance of stablecoins by large tech companies like Meta or X. The law states that if a public company (that is not primarily engaged in finance) wants to issue a stablecoin, it will need unanimous approval from a special committee.

Despite this, some critics point out that this rule has legal loopholes, as it does not apply to private companies like X or TikTok, and there are ways for public companies to circumvent the rule by investing in private firms.

Consumer advocates believe that the law remains weak in protecting users and criticize the pressure to pass it quickly.

An advisor to $TRUMP on cryptocurrency issues insists that there is no conflict of interest with the president's business in this sector and is confident that the stablecoin law, along with other regulations in the cryptocurrency market, will soon be approved in the Senate.