Negotiators have circulated a revised version of the Senate crypto bill, indicating progress towards its potential passage. Senator Cynthia Lummis expressed confidence that senators have reached an agreement on the stablecoin bill, with expectations for votes to occur next week. Despite earlier concerns, the bipartisan crypto bill is predicted to pass without language specifically targeting former President Donald Trump.
Sources suggest that the U.S. Senate’s push for stablecoin regulation remains active, with the bill potentially returning to the Senate floor. This development signifies a bipartisan effort to revive the crypto-backed stablecoin bill swiftly, aiming to establish regulatory clarity in the cryptocurrency sector.
— new from Politico