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BTCC / BTCC Square / Global Cryptocurrency /
Democrats Seek Amendments to GENIUS Act Over Trump Crypto Concerns

Democrats Seek Amendments to GENIUS Act Over Trump Crypto Concerns

Author:
Global Cryptocurrency
Published:
2025-05-23 22:04:01
8
2

The United States stands on the brink of passing its first major cryptocurrency legislation, the GENIUS Act, which aims to regulate stablecoins. Democratic lawmakers are pushing for amendments to prevent potential conflicts of interest involving former President Donald Trump and his associates.

Senators argue the bill must include safeguards against public officials profiting from stablecoins or trading influence. The proposed changes highlight growing scrutiny over crypto’s intersection with political power.

|Square

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