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Crypto Industry Is Hedging Its Bets on Format and Timing of US Legislation - BLOOMBERG

APRIL 24, 2025

It was supposed to be a slam dunk: once President Donald Trump was reelected, the US crypto industry would get its long-awaited regulatory clarity in the form of fresh new laws to govern the asset class.

There is already broad bipartisan consensus around the urgency and importance of passing US stablecoin legislation, and the Senate’s stablecoin bill is already likely to clear the 60-vote threshold needed to advance.


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