“It Was a Vote Against Trump”: Tim Scott Blames Democrats for Stablecoin GENIUS Act Failure

The post “It Was a Vote Against Trump”: Tim Scott Blames Democrats for Stablecoin GENIUS Act Failure appeared first on Coinpedia Fintech News

The U.S. just stumbled on what could have been a breakthrough moment for crypto but somehow, fumbled it. Yes, you read that right. The Senate’s decision to block the GENIUS Act stalled stablecoin regulation and also set off a firestorm. From the Treasury Secretary to top crypto voices, the backlash was immediate and loud. What …