Politics - CBSNews.com
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Washington — The Senate is taking a key vote Thursday on a first-of-its-kind crypto regulation bill. But opposition from Democrats amid growing ties between the digital asset industry and the Trump family have threatened to tank the vote.
Known as the GENIUS Act, the legislation would create a regulatory framework for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar. The measure advanced out of the Senate Banking Committee with bipartisan support in March, but has since lost Democratic support amid concerns...
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