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The crypto industry is fixated on the U.S. Senate.

On Thursday, lawmakers failed to advance the GENIUS Act, the most significant federal stablecoin bill to date. But the story isn’t over.

Behind the process is a drama about potential presidential conflicts, shifting political alliances, and unresolved policy questions.

In this episode, Kristin Smith, CEO of the Blockchain Association and Amanda Tuminelli, executive director and CLO of the DeFi Education Fund, break down:

  • Why the bill stalled but isn’t dead yet
  • The role Trump’s crypto ties are playing
  • Whether Democrats who once backed crypto are turning away
  • Why advocates are still pushing for a deal this year

 

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Guests