The U.S. Senate passed stablecoin legislation establishing rules for dollar-pegged cryptocurrencies, marking a major victory for the crypto industry and Trump, according to Bloomberg. The Senate passed the stablecoin bill in a 68–30 bipartisan vote,

The US Senate passed stablecoin legislation setting up regulatory rules for cryptocurrencies pegged to the dollar, in a landmark win for the ascendant crypto industry and President Donald Trump.The 68-30 vote on Tuesday evening marked a rare moment of bipartisanship in the deeply divided Senate,

The crypto industry has long pushed for lawmakers to pass legislation creating rules for digital assets, arguing that a clear framework could enable stablecoins to become more wid