Được viết bởi After facing initial Democratic resistance due to concerns about the Trump family’s involvement in the cryptocurrency industry, the Senate has now moved forward with a bill aimed at regulating stablecoins. This legislation, known as the GENIUS Act, seeks to establish a regulatory structure for stablecoins, which are cryptocurrencies whose value is linked to assets like the U.S. dollar.
The bill had previously advanced from the Senate Banking Committee with bipartisan support in March, but its progress stalled earlier this month when Democratic support waned. This shift in stance was reportedly influenced by worries surrounding former President Trump and his family’s crypto-related business dealings.
However, in a recent vote, the measure garnered enough support to limit debate and proceed toward a final vote, passing with a 66-32 margin. Senate Majority Leader John Thune criticized the earlier Democratic blockade, emphasizing the bill’s bipartisan nature and the consensus behind it.
Negotiations occurred after the initial failed vote, leading to renewed support from some Democrats. Senator Mark Warner of Virginia, while acknowledging the bill isn’t perfect, called it a “meaningful step forward,” highlighting the nearly $250 billion stablecoin market and the necessity for clear regulations to protect consumers, national security, and innovation. Despite this support, Warner also voiced concerns shared by other senators regarding the Trump family’s alleged use of crypto to evade oversight.
Senator Elizabeth Warren of Massachusetts, a leading Democrat on the Senate Banking Committee, remains a vocal opponent, arguing that the bill endangers consumers and could enable corruption. She stated that her concerns haven’t been addressed and urged her colleagues to reject the current version, suggesting that a weak bill is worse than no bill at all.
Đầu tháng này, dự luật đã không đạt được 60 phiếu bầu cần thiết do sự phản đối của tất cả các Thượng nghị sĩ Dân chủ và hai Thượng nghị sĩ Cộng hòa. Lý do của họ bao gồm lo ngại về việc quản lý quá mức và dự luật không cấm các công ty công nghệ lớn phát hành stablecoin của riêng họ.
Senator Bill Hagerty of Tennessee, the bill’s sponsor, defended the legislation, asserting that the lack of a regulatory framework is causing uncertainty and driving innovation overseas. He emphasized the bipartisan policy agreement and urged overcoming partisan politics to secure a positive outcome.
Tuyên bố miễn trừ trách nhiệm: Bài viết này chỉ nhằm mục đích cung cấp thông tin và không cấu thành lời khuyên về tài chính hoặc đầu tư. Người đọc nên tự nghiên cứu hoặc tham khảo ý kiến cố vấn tài chính được cấp phép trước khi đưa ra bất kỳ quyết định đầu tư nào. Chúng tôi không chịu trách nhiệm về bất kỳ kết quả tài chính nào dựa trên thông tin được cung cấp.
English