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Former Rep. McHenry: Gensler’s Anti-Crypto Stance Tied to Senate Politics


Patrick McHenry, who served as chairman of the House Financial Services Committee from 2023 to 2025, explained that the private opinion of former SEC Chair Gary Gensler on cryptocurrency differed from his public actions. He attributed Gensler’s anti-crypto stance to progressive ideology...

Stablecoin bill won’t target Trump as Senate aims to pass it next week


The US Senate could pass a key bipartisan stablecoin bill as soon as next week after removing language targeting President Donald Trump and his family’s sprawling crypto interests.Republican Senator Cynthia Lummis said onstage at an event by Coinbase’s lobbying arm, Stand With Crypto...

Crypto execs flock to DC to support Senate stablecoin bill


Crypto founders are heading to Washington, DC, to meet with lawmakers ahead of another expected vote on a stablecoin bill that initially failed in the Senate, according to Coinbase CEO Brian Armstrong. In a May 14 X post from the US Capitol rotunda, Armstrong said as many as “60 [crypto]...

Stablecoin bill gets second chance with Northern Mariana lawmakers


Tinian, a small island in the US territory of the Northern Mariana Islands, could get a second chance at launching a stablecoin after the territory’s Senate voted to override the governor’s earlier veto of its stablecoin bill.On May 9, the Northern Mariana Islands Senate voted 7-1...

Senate Probe Targets TRUMP Token as Pay-to-Play Allegations Explode


Trump’s explosive foray into crypto faces a blistering Senate probe targeting token profiteering, foreign deals, and alleged presidential pay-to-play schemes that could shatter ethical boundaries. Trump Crypto Empire Dragged Into Probe Over Elite Access and Foreign Cash U.S. Senator Richard...

Coinbase Urges Senate Vote to Shape US Crypto Regulations Before August


Momentum is accelerating in Washington as lawmakers edge closer to passing landmark crypto and stablecoin legislation that could reshape U.S. digital asset regulation by August. Coinbase Pushes Congress to Finalize Stablecoin and Crypto Rules Before August Coinbase CEO Brian Armstrong called...

US Senate crypto bills stall amid Trump ties and ethics concerns


Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto.In a May 5 letter to the US Office of Government Ethics, Senators Elizabeth Warren and Jeff Merkley said that Trump and his family stand...

US Senate crypto bills stall amid Trump ties and ethics concerns


Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto.In a May 5 letter to the Office of Government Ethics, Senators Elizabeth Warren and Jeff Merkley said that Trump and his family stand...

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