U.S. media: The U.S. Senate will vote again tonight to try to advance stablecoin legislation.

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According to a report by Semafor, cited by Jin10, on May 19, a source familiar with the matter indicated that after a previous failed attempt, U.S. senators are expected to advance legislation tonight to establish rules for stablecoins, a type of Crypto Asset linked to assets like the dollar. Another source stated that Senate Minority Leader Schumer held a conference call with all party members on Sunday to discuss an unpublished text that includes reforms sought by Democrats. However, these adjustments are still not enough to gain the support of progressives like Massachusetts Democratic Senator Elizabeth Warren. He issued a memo stating that the latest version of the ban does not target related digital assets, “fueling Trump’s Crypto Asset corruption.” A third source indicated that negotiations regarding potential additional amendments are ongoing, with banks privately expressing their concerns, including whether issuers have the ability to pay Interest.

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ThereAreNoShortcutsTvip
· 2025-05-19 15:14
Quick, enter a position! 🚗
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