06-05-2025 00:44 via article.wn.com

'Startling': Dems rally to block bill to make it easier for Trumps to 'line their pockets'

Even Democrats who once supported regulatory legislation for "stablecoins" are backing off now that the Trump family is a major player in the crypto market, according to a new report in The New York Times. Stablecoins are " that maintains a price of $1"; Crypto traders like stablecoins because they don't "swing in value the way other digital currencies do,...
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Xinhua world news summary at 0100 GMT, May 6
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