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How the Democrats’ Path to 2026 Victory Goes Through Decentralized Crypto

  • Hermine Wong--CoinDesk
  • published date: 2025-05-08 13:41:32 UTC

The current draft of the GENIUS Act elevates centralized entities in overseeing stablecoins. Democrats should take the right stand against it, says Hermine Wong.

The latest Crypto-and-Congress news is all about the Senate Democrats getting cold feet on the stablecoin bill (the GENIUS Act). The same bill they voted for just two months ago. Why the flip-flop? B… [+5895 chars]