Crypto industry brushes off failed stablecoin vote

May 10, 2025 - 02:00
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Crypto industry brushes off failed stablecoin vote
The crypto industry is brushing off a failed vote on a stablecoin bill in the Senate, underscoring recent progress and the hope that this isn’t the end of the line for crypto legislation.  Democrats on Thursday blocked the Senate from moving forward with consideration of the GENIUS Act, which would create a regulatory framework for…