Crypto leaders race to lock down stablecoin bill support ahead of Senate vote

Published May 6, 2025 7:17pm ET



Senate leaders are working to lock down support for bipartisan cryptocurrency legislation as Republicans begin to complain about last-minute changes being negotiated with the Democrats.

Sen. Cynthia Lummis (R-WY), one of the leading advocates of a Senate bill regulating digital coins, met with Minority Leader Chuck Schumer (D-NY) on Tuesday after a bloc of crypto-friendly Democrats announced surprise opposition to the legislation.

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