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Newsday
Senate to vote on crypto rules
The Senate is voting on legislation to establish a regulatory framework for cryptocurrency, facing opposition from Democrats who argue it lacks sufficient ethics safeguards and fails to prevent President Trump and his family from profiting from crypto investments. Trump has reported substantial crypto earnings and has made concessions on some ethics measures, but Democrats contend these are inadequate. Supporters believe the bill will provide legal certainty and protections for the industry, while opponents see it as a giveaway facilitated by industry donations, amid ongoing negotiations and political pressures.
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