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House passes bills that Maxine Waters dubbed a 'full-scale crypto con'

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5 hours ago

The House of Representatives on Thursday passed a trio of bills related to cryptocurrency regulations.The three bills passed along bipartisan lines despite fierce opposition from Rep. Maxine Waters, D-Calif., the top Democrat on the House Financial Services Committee.Waters called the bills "a full-scale crypto con" and accused Republicans of trying to enrich President Donald Trump, who has promoted an eponymous digital currency called $TRUMP. The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) to establish stablecoin regulations has already passed the Senate...

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