Senator Warren Calls for Delay in Stablecoin Legislation Review

According to Odaily, U.S. Senator Elizabeth Warren has recently urged a postponement in the review of the stablecoin legislation. She has raised concerns about potential corruption linked to a stablecoin project associated with U.S. President Donald Trump's family. Warren highlighted that the Trump family's World Liberty Financial has entered into a high-risk deal with the United Arab Emirates, which could have significant financial implications. She emphasized that the legislation might have potential conflicts of interest involving President Trump, necessitating further examination.