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Senate Blocks Stablecoin Bill—Political Gridlock Leaves Crypto in Limbo

Senate Blocks Stablecoin Bill—Political Gridlock Leaves Crypto in Limbo

Author:
Coindesk
Published:
2025-05-08 18:33:17
19
2

Senate Votes Against Advancing Stablecoin Bill, Delaying Process as Trump Concerns Fester

Washington hits pause on crypto regulation as lawmakers bicker over oversight. The Senate’s refusal to advance the stablecoin bill signals another delay for an industry tired of political theater.

Trump-era tensions resurface: Old grudges stall progress while the market demands clarity. Meanwhile, Wall Street quietly stacks Bitcoin—hypocrisy at its finest.

Bottom line: When politicians feud, innovation bleeds. The clock’s ticking, but D.C. still runs on fax-machine time.

|Square

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