Senate, cryptocurrency and Democrats
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A battle has erupted within the Senate Democratic Conference over a bipartisan bill that would pave the way for broader commercial acceptance of cryptocurrency assets known as stablecoins, which
The Senate voted 66-32 Monday evening to advance first-of-its-kind legislation to regulate “stablecoins,” a kind of cryptocurrency. Democrats had initially voted to block the bill earlier this month amid concerns over President Donald Trump’s cryptocurrency deals.
Senator Amy Klobuchar is traveling to Ottawa, Canada, as part of a bipartisan delegation with Senators Jeanna Shaheen (D-NH), Tim Kaine (D-VA), Kevin Cramer (R-ND), and Peter Welch (D-VT).
Sen. Mark Warner (D-Va.) backed legislation Monday establishing a regulatory framework for payment stablecoins, as Senate leadership prepares to bring the bill to the floor once again. Warner