Landmark crypto bill passes Senate with bipartisan support


The bill to regulate stablecoins represents a win for the cryptocurrency industry. A House vote is next before President Trump can sign it into law.

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WASHINGTON – A landmark bill to regulate cryptocurrency passed the Senate on June 17, creating a path for digital assets to go mainstream and representing a big win for an industry that spent heavily to get President Donald Trump elected.

The 68-30 vote reflects a major victory for the crypto industry, which has been aggressively lobbying Congress on the legislation. The bill next must be approved by the Republican-led House before Trump can…

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