Key Senate Democrat backing stablecoin legislation

May 19, 2025 - 20:00
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Key Senate Democrat backing stablecoin legislation
Sen. Mark Warner (D-Va.) backed legislation Monday establishing a regulatory framework for payment stablecoins, as Senate leadership prepares to bring the bill to the floor once again.  Warner represents a key Democratic voice of support for the GENIUS Act ahead of a procedural vote to move forward with consideration of the bill, which is expected…