Cripto Bill Backlash: Senators warn attitude stablecoin is not safe


What began as a promising effort to apply transparent rules to crypto and stablecoins rush to serious roadblock
4. May 2025, ten American senators rocked against the revised version of “Genius ACT”, stating that it could do more damage than good. Action, according to an K post Cripto Journalist Eleanor Terrett, caught many guards, especially because some of the individuals on the list supported the account only a few weeks earlier.
Among the opponent’s critics are four Democrats-Ruben Gallego, Mark Warner, Marilyn Strickland Kim and Lisa Blunt Rochester, who were in order to support the Draft Law on Senat in March.
“Senator: Senator @Kibengallego And nine senators just issued a joint statement about the updated text of Genius ACT, which was published last week, saying they could not support an account in their current form. The group records several concerns, including insufficient … pic.twitter.com/8876m4vcvda
– Eleanor Terrett (@ Eleanorterrett) 3. Maja 2025
Their change adds a fresh weight in the installation of concern, the proposed rules have the potential to undermine Anti-money for money laundering Protection and risk Put financial stability. Angela is also a sponsor of the law from its establishment, refused to sign an opposition letter.
Senator ring alarm on national security and aml holes
From a common statement issued by senators, the latest draft law omits basic protective measures. The care of their is most prominent in terms of national security and the poor presence of money laundering (AML). They also warned of ambiguous regulations that can expose the Cripto market exploitation.
Legislation, technically covered “Water and establishment of national innovation for us StableCoins ACT“” It was proposed in February 2025. years. Progressives said they would allow us to remain competitive in financial technology without compromising consumers. But this latest background is indicator legislators are not on the same page when they are on the same page “on the same page”.
Cripto investors left in the dark again?
The request adds more unpredictability in the already volatile crypto market. Just one day before the senators betrayed his statement, a new language was discovered in the bill. Traders and investors who waited for clarity are now waiting once again. If lawmakers cannot decide on the essence, maybe months before any version signs.
Image: The Shib Daily
Such delays may be damaged. Stablecoi’s payments are fixed to the US dollar and are often used as a refuge in the age of burbulent fluctuations on the market. Without a clear direction of the legislator, the CRIPTO exchange and developers can be reluctant to develop or expand in the US.
The request is noticeable because they occur as the Senate is trying to rush through the account – and how to organize investigations by American President Donald Trumps crypto endeavor and potential connections involving his relatives.
AI and Blockchain projects could feel heat
Among the goals of laws that encouraged innovation where blocks and artificial intelligence intersect. That is why the opposition of Senators is caused by the collection of eyebrows in technology.
The tokens that support AI programs created on the BlockCain could be indirectly influenced if the money and policies are reduced in Washington political stalematies.
Featured image of battle, chart from Tradingview

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2025-05-04 23:00:00