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Trump Pushes House To Pass Stablecoin Bill In Milestone For Crypto Industry

Senate Republicans and Trump are at odds with the House over crypto regulation. The Senate passed the bipartisan GENIUS Act 68–30, setting the first rules for stablecoins backed by liquid assets and requiring monthly reserve disclosures. Trump wants it signed quickly, but House Republicans are pushing for broader reforms, setting up a “crypto week” showdown before it reaches his desk.

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