In a surprising move, Senate Democrats have blocked a crucial bill to regulate stablecoins, citing concerns over its implications for Donald Trump's financial interests. This decision raises questions about the future of cryptocurrency regulation in the U.S. and the influence of politics on the burgeoning industry.
The OCC has granted U.S. banks the green light to store crypto assets and engage in stablecoin operations, signaling a major shift in the regulatory landscape that could boost institutional investment in digital currencies like XRP and Ethereum.
