Elizabeth Warren Slams 'Shady' Deal Involving Trump Family-Backed USD1 As Democrats Withdraw Support For Senarte Crypto Bill

  • A faction of Senate Democrats, known for their pro-cryptocurrency stance, expressed its opposition to a Republican-led stablecoin legislation on Saturday, citing concerns about the modified version. What Happened: A group of nine Democrats, who have previously backed crypto-friendly laws, voiced their concerns over the GENIUS Act, popularly known as the stablecoin bill, as reported by Politico.