Crypto News

Mark Cryptocurrenci Bill blocked for concerns about Trump

Mark Cryptocurrenci Bill blocked for concerns about Trump

playing

Washington – Democrats Senate blocked a bipartisan account to create a legal framework for cryptocurrency after concern President Donald TrumpLinks with industry threw negotiations over the law In chaos.

The home voted 48-49 8. May, deviating the final voting on legislation. Two Republicans, Sens. Rand Paul Kentucky and Josh Hawley of Missouri, voted with all the democrats against it. Hawley told reporters after the vote that he wanted “great technological bans” in legislation, while Paul Concerned In order for the regulations to harm the industry.

Own republican leader John Thune also voted against it in a procedural move that would allow him to appear on another voice.

Voice caps of a weekly furious negotiations after a group of nine democrats who have previously supported the account suddenly announced that 3. May would no longer support Stablecoin account, he called Geniusstating the concerns that legislation did not have enough to prevent money laundering and protecting national security.

It would be necessary at least seven Democrats to forward legislation in the Senate, where the legislators need at least 60 votes to overcome philibusters. The account was aggressively supported by the crypto lobbyist and is expected to speed up the growth of currency.

The Senate Democratic leader Chuck Schumer from New York told reporters after the vote that the updated text of Bill was not yet available after the negotiation date. “How do you vote for an account if you haven’t seen the text?”

The change came after Trump Administration crossed to support the growth of the crypto industry in the United States, including creation “Strategic Bitcoin Reserve“And a digital property for property and pulling back from Baden-Ere found in the industry.

At the same time, the Trump’s family companies with a cylinder are used.

Two cryptocurnent investments owned by the subject who joined Trump $ 300 million in trade for fees Since January for its memes and other digital currencies.

At the end of April, the company has promoted $ $ Trump Meme Coin offering “Intimate private dinner“With the president at his Northern Virginia Golf Club, after which the value of the coin rose As much as 80%.

And another Trump Family CRIPTO company, world freedom of financial, announced 1. Maya to use one of its digital coins Abu Dhabi ADVERTNAL ACTUMENT To invest from $ 2 billion in the cryptocurrency exchange of binance – the main cost of foreign governments in favor of the Trump family.

The White House spokesman said that Trump’s “assets in trust managed by his children and there are no conflicts of interest.”

These moves have Investigations requested and the Board heard by Congress Democrats in the last days.

Donald Trump She sells cryptocurration like snake oil on the wild west, “said today Sen. Richard Blumenthal” people in America deserve that it is potentially affected by foreign governments and investors who buy its crypton property. “

Josh Meier contributed.

(Tagstotranslate) criptocurrenci

https://www.gannett-cdn.com/authoring/authoring-images/2025/05/08/USAT/83518450007-gty-2213782668.jpg?auto=webp&crop=4868,2739,x0,y254&format=pjpg&width=1200

2025-05-08 22:52:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button