Senate Advances Stablecoin Bill, Clearing the Way for Final Passage
At least 60 Senators voted in favor of the GENIUS Act on Monday night.
US Senate
Senate Dems Gear Up Resistance Ahead of Crucial Stablecoin Bill ‘Cloture’ Vote
The U.S. Senate is poised to try another high-stakes procedural vote to push stablecoin legislation forward, which could mark a major win for the crypto sector.
U.S. Stablecoin Bill Could Clear Senate Next Week, Proponents Say
Senator Bill Hagerty, who backed the Senate’s version of the legislation, predicted the body will “make history” next week by passing the bill.
Senate’s New Stablecoin Draft Doesn’t Target Trump’s Crypto, Tweaks Big-Tech Approach
A legislative draft obtained by CoinDesk shows a marginally revised version despite Democrats citing “major victories” in the Senate negotiation.
Senate Democrat Says He’s Looking Into Trump’s Crypto Businesses
Sen. Richard Blumenthal wrote letters to Trump-affiliated business executives, asking about their ownership and investment structure.
U.S. Senate’s Banking Chair Pushes Debanking Bill After Crypto Uproar
Senator Tim Scott, the chief of the banking committee, is backing a bill to stop U.S. regulators from citing “reputational risk” as a reason to block clients.
President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed
As the U.S. Senate began its process to consider a resolution to erase the recent IRS rule that targets DeFi, the White House cheered it on.
Trump’s FDIC Chief Rethinks Crypto Guidance as U.S. Senators Probe Debanking
FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examined regulators keeping banks out of crypto.
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump’s Treasury secretary nominee, only addressed crypto briefly.