US senate Democrats cross the aisle to help Republicans pass crypto bill | US politics
The Senate passed legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what the industry hopes will be a wave of bills to bolster its legitimacy and reassure consumers.
The fast-moving legislation, which passed by a 68-30 vote and will be sent to the House for potential revisions, comes on the heels of a 2024 campaign cycle in which the crypto industry ranked among the top political spenders in the country, underscoring its growing influence in Washington and beyond.
The bill leaves unresolved concerns over presidential conflicts of interest – an issue that remains a source of tension within the Democratic caucus.
Eighteen Democratic senators crossed the aisle to vote for the legislation on…
