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Democrats block stablecoin bill in blow to crypto
thehill.com/policy/technology/5290584-stablecoin-legislation-fails-senate-vote
Legislation to create a framework for payment stablecoins failed to clear a key hurdle on the Senate floor Thursday, after several Democrats voted against moving forward with consideration of the bill.
Senators voted 48-49 to end debate on a motion to proceed on the GENIUS Act, short of…
This story appeared on thehill.com, 2025-05-08 18:28:50.