Senators consider abandoning concessions to strengthen Trump's digital assets bill
2026-07-30 07:15:21
According to CoinMeta, senators are considering abandoning the proposal to make concessions in the bill that aims to strengthen Trump's position in the digital asset market structure. The future of this bill may depend on the acceptance of legislative language between Senators Thom Tillis and Ruben Gallego. Although it is not yet clear who is involved in the latest efforts, the bill requires approval from the White House and support from many Democrats in order to be voted on in the U.S. Senate. The ethical provisions of the bill are primarily aimed at Trump's crypto business empire, with the goal of prohibiting senior government officials from having direct connections with the industry. Despite facing several setbacks during its review in Congress, the bill is still moving forward, and the Senate is under time pressure in the last week before the summer recess.
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Source:CoinDesk
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