<ul><li>Democratic lawmakers are pushing to amend the GENIUS Act to include protections against corruption from public officials, particularly the family of President Donald Trump.</li><li>The GENIUS Act aims to establish the first regulatory framework for stablecoins in the U.S., requiring issuers to undergo security audits and limiting issuance to licensed entities.</li><li>Concerns over potential conflicts with Trump's crypto investments led to Democrats initially withdrawing support, with some senators insisting on amendments to prevent Trump and his inner circle from profiting.</li><li>While some lawmakers like Senator Mark Warner advocate for passing the bill regardless of concerns about the Trump family, others, including prominent Democrats, are pushing for amendments to address corruption risks related to Trump's crypto ventures.</li></ul>

Democrats Push to Amend GENIUS Act Due to Trump’s Crypto Ties

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