Key legislation to advance cryptocurrency blocked by Dems on the Senate floor
A bipartisan bill to advance and regulate stablecoins was shot down on the Senate floor Friday after Democrats who previously voted in favor of the legislation changed course.Sources close to GOP party leadership say Senators Elizabeth Warren, D-Massachusetts, and Minority Leader Chuck Schumer, D-New York, rallied the party against the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act ahead of a vote to take up the bill on the Senate […]