In the 68-30 vote Tuesday evening, the Senate approved the talented act with a large majority support. Eighteen Democrats joined the majority of Republicans to approve the bill, first setting up a Federal Regulatory Framework for Stabilkuz, Crypto Token, based on US dollars.
It was not always assured of passing. In May, nine Democrats, who had previously supported the Genesis Act, suddenly asked to revise the text of the bill, and a few days later, Senators Elizabeth Warren (DMA) and Ron Weden (DBBBA) tried to bring Trump’s Crypto plans to the Bill of Currently.
Hawk, a ranking member of the Senate Banking Committee and the long -lasting consumer protection hoc, Warren eventually voted against the final version of the Genius Act. During a speech on June 11, he said that the bill does not have a proper regulatory protector to prevent corruption: “This makes Trump a regulator of his own financial company and the important thing is that he will make his rivals a regulator.”
However, this is a victory, which is for the growing digital asset industry, which has put hundreds of millions of people in the game of political influence in Washington, which has hired political advisers and even a few Congress members. In an interview before Tuesday’s vote, the head of the World Policy at the Crypto Wallet Company Ledger, the Seth Heart Line, described the Geneis Act as a political bell for the industry as a whole. “If the talented act gets off the tracks, everything goes down the track,” he said. Stuffy
