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Senate Democrats block stablecoin regulation bill over concerns it benefits former President Trump.
Senate Democrats have blocked a bill aimed at regulating stablecoins, a form of cryptocurrency, over concerns it could benefit former President Donald Trump.
The legislation, which would set federal guidelines for stablecoin issuers, failed in a 49-48 procedural vote after Democrats demanded stronger protections and changes.
This setback affects the cryptocurrency industry's push for more political and financial influence.
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Los demócratas del Senado bloquean el proyecto de ley de regulación de monedas estables por preocupaciones de que beneficie al expresidente Trump.