Key Takeaways:A Senate subcommittee has launched an investigation into the $TRUMP cryptocurrency, citing possible legal violations and ethical conflicts involving former President Donald Trump.Fight Fight Fight LLC and Trump-affiliated firms…
Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto.In a May 5 letter to the…
The leading Senate Democrat on a panel tasked with investigating corruption and mismanagement is scrutinizing U.S. President Donald Trump's recent crypto activities and whether they're part of a "pay-to-play scheme…
In brief
Senate Republicans will hold a Thursday vote on the GENIUS Act, the first federal stablecoin framework, despite Democratic resistance and GOP defections.
The latest bill version drew criticism after leaking…
In brief
Senate Majority Leader John Thune signaled openness to Democratic amendments on the GENIUS Act ahead of a key floor vote.
The move comes after nine Senate Democrats issued a joint…
In brief
Senator Elizabeth Warren is labeling a Trump-linked stablecoin deal with the UAE firm “shady.”
Warren also said the GENIUS Act would let the president profit from crypto tied to foreign…
Sens. Schumer, Warren urged Senate Dems to change course on stablecoin bill: Politico
In brief
GENIUS Act seeks to establish a comprehensive regulatory framework for U.S. stablecoins.
The bill faces criticism over potential impacts on traditional banking.
Its legislative code differs from the House's STABLE Act…