According to a recently released report by Punchbowl News, the Senate minority leader Chuck Schumer Anxious On Tether treatment, the pioneering stableoin source, in the genius law that occurs significantly (direction and creation of national innovation in the United States Stablecoins).
Shomer believes that Democrats must refrain from showing public support for the draft law in order to be able to extract future concessions from Republicans.
In March, Axios I mentioned Democratic Senate members, including encrypted critic Elizabeth Warren, suggested a series of amendments to the high Stablecoin bill, which specifically dealt with national security and illegal finance.
It is worth noting that the Democrats wanted to prevent foreigners stablecoins from being available in the United States. This amendment will be a huge blow to the water full of water, which is still the largest player in the Stablecoin Market. The amendment was rejected by the Republicans, and the draft law succeeded in approving the Senate Banking Committee in March.
like It was mentioned by u.todayPolitico recently stated that some of the Side Democrats for encryption, whose voices are very important to pass Stablecoin legislation, are now tired of the bill. Republicans have planned to move forward with a full Senate vote before the day of the anniversary, but the new guidance of some Democrats, including Senator Robin Galgo in Arizona, represents a major obstacle to a draft law that can bring clear to the United States Stablecoin.
Punchebowl News claims that the defection appeared between Democrats in the Senate during the lunch meeting on Thursday, which eventually prompted some friendly votes to encrypt within the opposition party.
