The U.S. House of Representatives is set to pass landmark cryptocurrency legislation, sending the nation’s first federal regulatory framework for stablecoin digital currencies to the desk of President Donald Trump.
Ahead of Wednesday’s historic vote on the GENIUS Act, U.S. Rep. Maxine Waters, D-Calif., led a group of House Democrats in opposition to the crypto legislation, warning that it would open the floodgates for financial corruption and further enrichment of the wealthy class, most especially Trump and his family. Read more at www.thegrio.com.
