BTCC / BTCC Square / CoindeskEN /
Senate Blocks Stablecoin Bill—Political Gridlock Leaves Crypto in Limbo

Senate Blocks Stablecoin Bill—Political Gridlock Leaves Crypto in Limbo

Author:
CoindeskEN
Published:
2025-05-08 18:33:17
9
1

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

Washington’s latest stall tactic hits crypto: The Senate just slammed the brakes on a pivotal stablecoin bill, kicking regulatory clarity further down the road. Political posturing trumps progress—again.

Behind the scenes: Trump-era tensions simmer as lawmakers bicker over oversight. Meanwhile, stablecoins keep propping up crypto markets without a rulebook. Wall Street shrugs—another day, another deferred decision.

The takeaway? Innovation outpaces legislation, and DC’s delays are becoming a predictable punchline. Your move, Congress—the blockchain isn’t waiting.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users