Stablecoin Bill’s Failure Reflects Deepening Political Divide in Crypto

The passing of a much-discussed stablecoin bill last week in the House Financial Services Committee revealed just how deep the political divide in Washington has become, a recent Fortune Crypto newsletter said.
The bill, which was close to getting bipartisan support after negotiations between Republicans and Democrats earlier this year, was eventually passed in the committee with the votes of Republican representatives plus five Democrats….
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