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US Senate Blocks Stablecoin Legislation Over Trump Memecoin Controversy

May 08, 2025
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US Senate Blocks Stablecoin Legislation Over Trump Memecoin Controversy

May 08, 2025
A bill to promote stablecoins was blocked in the U.S. Senate on Thursday (May 8) over political disagreements and controversy surrounding President Donald Trump’s crypto ventures, according to reporting from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]