Crypto: Trump-Backed Stablecoin Bill Passed, Fed Rate Decision Day | The Opening Trade 06/18

Government

The US Senate passed stablecoin legislation setting up regulatory rules for cryptocurrencies pegged to the dollar, in a landmark win for the ascendant crypto industry and President Donald Trump. The 68-30 vote on Tuesday evening marked a rare moment of bipartisanship in the deeply divided Senate, despite Republicans blocking Democratic efforts to bar Trump from profiting from his many crypto ventures while in office. The Opening Trade has everything you need to know as markets open across

Tag-uri: Donald Trump

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