U.S. Senate Stablecoin Debate Extends Amid Trump Conflict Concerns
The U.S. Senate’s push to pass landmark stablecoin legislation faces delays as Democrats demand amendments to prevent conflicts of interest among senior officials. Senators Elizabeth Warren and Chris Murphy are leading efforts to ban presidents and lawmakers from stablecoin-related business, injecting political tension into the final deliberations.
Stablecoins, the dollar-pegged tokens underpinning crypto markets, stand at a regulatory crossroads. The extended debate reflects growing institutional scrutiny of digital assets, even as bipartisan support for clear rules gains momentum. Market participants await clarity on whether the bill will emerge as a growth catalyst or a restrictive framework.