Limbo | Crypto

Crypto governance has experienced a busy week: the SEC has opened tokenization discussions with Wall Street names like BlackRock and Nasdaq, Senate Democrats have questioned Donald Trump’s links to a meme coin and DeFi venture, and a long-awaited stablecoin framework has collapsed in a split vote. The post Weekly Crypto Regulation News Roundup: Trump’s Crypto Links Spark Ethics Concerns, Stablecoin Framework in Limbo appeared first on Cryptonews.

After bipartisan backing, the GENIUS Act has fallen 48-49 in the Senate, delaying a stablecoin rulebook and leaving oversight to states. Treasury Secretary Scott Bessent says the setback dents dollar sway, while Democrats cite Trump’s $TRUMP gala and USD1-Binance deal as complicating factors. The post GENIUS Act Stalls After 49–48 Senate Vote, Stablecoin Framework in Limbo appeared first on Cryptonews.