Cripto Ekecs stalls in DC to support SteadyCoin Senate account

The founders of the CRIPTO were sent to Washington, DC, to meet with legislators before an expected voting at a stable-speaking account that initially failed in the Senate, according to the General Capital for coinbase.
In May 14 x post from US Capitol Rotunda, Armstrong said Even “60 (Cripto) founders” gathered in the DC to support the leading and national innovation for American stablecoins or a genuine act, considering a draft draft structure based on a representative account.
The General Manager for Coins said that the Senate will be able to consider another vote about Genius part “hopefully tomorrow” after that Failed enough support From Democrat 8. May.
“Like any good negative, there are many detail to exercise at the last moment, but we stressed the urgency of that,” Armstrong said.
Many democratic legislators said they would not Support any cryptonoccal legislation Without a specific cut for US President Donald Trump, he profits from his digital means, such as his Trump Memecoin and his family freedom. The democratic worker told Conceligraf that there was no indication that Republicans intended to deal with these issues, while the person who was known to that pith was unawarring.
The Senate continued to consider a proposal for the transition to the consideration of Genius Law 12. May, suggesting another vote in a few days. Cointelegraph reached to forge for comment, but did not receive a response at the time of publication.
Related: What are the following steps for Stablecoin’s job?
Is biable support for the CRYPTO possible under Trump Presidency?
The Republicans currently hold a thin most in the Senate and home and will probably require democratic support for the passage of stablecoins and market structure. Before choice 2024. Some Democrats voted with Republicans For cryptic legislation that offer clarity in regulations.
Should the sponsor and co-sponsors of Genius Bill try to progress with a voting without any changes, it is unclear whether it will have enough support to clear most of the 60 votes and avoid filibusters who could delay or block the account.
“Despite politics around Trump Memecoin and crypto investment – it is more complicated that you still have constructive members on both sides of Capitol, and in both political parties,” said French hill at the Consensory Consent in Toronto.
Journal: UnstableCOins: Recording, Bank Racing and Other Risk
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2025-05-14 23:22:00