U.S. Democratic Party, Stablecoin bill amendment push… “Trump wallet must be blocked”

Senator Warren Pointing Out The Flaws Of The Genius Bill (Source: Politico)

The U.S. Democratic Party Is Set To Introduce An Amendment To The Stablecoin Regulation Law ‘Genius (GENIUS)’. Senator Elizabeth Warren, Known For Her Critical Stance On Cryptocurrency, Pointed Out That "The Republicans Added A Special Provision On Cryptocurrency Wallets At The Last Minute," Stating That This Is A Measure To Block The Moves Of The Trump Family To Launch Their Own Wallet.

Senator Warren Stressed Through Her X That “This Bill Should Not Be Passed Without Fundamental Anti-Corruption Measures,” Emphasizing That She Would Block Legal Flaws. The Democratic Party Sees The Potential For This Provision To Be Abused In The Future As A Detour For Certain Political Forces To Utilize Cryptocurrency And Is Seen As A Move To Block This In Advance.