In Final Days of Senate Stablecoin Debate, Trump’s Crypto Ties to Remain in Spotlight
The U.S. Senate has never been closer to approving a major piece of crypto legislation as it mulls the stablecoin-regulation bill, but some Democrats are insisting that the final debate needs to address the accused conflicts of President Donald Trump.
Proponents of the U.S. stablecoin legislation were hoping to cap off their effort in a single week, but debate will continue into a second week of floor action on the bill to set oversight of the dollar-based tokens at the heart of digital assets trading.
Part of that debate will be a push from a prominent faction of Democrats, including Senators Elizabeth Warren and Chris Murphy, to amend the legislation to directly ban the president and other senior government officials (including members…
