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Reading: It will not work: Why does the Senate insist on the crypto currency law?
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EdaFace Newsfeed > Latest News > Regulations, Law & Policy > It will not work: Why does the Senate insist on the crypto currency law?
Regulations, Law & Policy

It will not work: Why does the Senate insist on the crypto currency law?

vitalclick
Last updated: May 9, 2025 10:28 pm
3 days ago
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Trump With crypto coins He continues to do everything he has to do. However, not everything he wants is not immediately. The laws are moving in the Senate or the House of Representatives. Both councils have long been working on the rules that regulated crypto currencies. So why was the process clogged? Crypto What does this mean for?

Crypto currency lawWhat about crypto currencies?

Crypto currency law

Sen I was very disappointed, ”he said, Sen I was very disappointed, because the Democrats rejected the crypto bill. However, in the committee, the process was progressing with the support of two parties. The dreams of creating a two -party policy seem to have fallen into the water for now because the support of the democrats is required to advance the crypto law.

Many democrats, including Chuck Schumer Crypto coins He has made moderate statements in recent years. In fact, millions of dollars were provided by the crypto pact for many names from the Democratic Party during the election period but supporting crypto. Massachusetts Senator Elizabeth Warren, such as the leading crypto -enemy democrats, despite all this, they manage to block the process.

Opponents said Trump and his family scratch the crypto connections and earn from here. Today is the White House Spokesman “Trump He adapted to the rules of interest relations.

What about crypto currencies?

Some democrats Trump’s crypto- However, it is necessary to do what is necessary for the regulatory clarity that the work “does not kill the necessity of the law”. The fronts are becoming clear and the Democrats will take the vote block of crypto currency investors in the 2026 midterm elections if they continue.

Even if you talk about individual armament in the USA, you should think forty times if you are a politician. What you say can make your party lose millions of votes throughout the country because there are millions of the same sensitivity. Today there are millions of crypto currency investors, and US politics have to take crypto as serious as issues such as at least individual arming or abortion permission.

Not everything is finished. John Thune, the majority leader of the Senate, gave a “reconsideration motion için for the vote again. Republicans will work intensively to convince the democrats to convince it. It’s a big exam for democrats.

So what’s the effect on crypto coins? If the laws pass quickly and go to the president’s signature, banks, financial institutions, new crypto companies to be established, individual investors will be something that concerns everyone. For example Genius with banks will be able to export stablecoin or offer their customers to their existing ones.

What we heard for years was this; “The uncertainty in crypto currencies makes X trillion/billion dollars will be willing to produce products.“

What we will hear when the laws pass will be; “No crypto currency Do not use JPM for its services. Our transaction fees are very low. “Trump

Exactly like that.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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