Senate Democrats block first-of-its-kind bill regulating cryptocurrency amid concerns over Trump’s crypto dealings
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CNN — Senate Democrats blocked a first-of-its-kind bill aimed at regulating cryptocurrency in the US amid Democratic concerns over President Donald Trump’s cryptocurrency dealings . The vote came after months of intense negotiations between Democrats and Republicans. The final tally was 49-48, with GOP Sens. Rand Paul and Josh Hawley joining Democrats to vote against advancing the bill. The bill, dubbed the GENIUS Act, focused on what is known as “stablecoin,” a digital currency tied to the
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