Sen. Elizabeth Warren (D-Mass.) is urging her colleagues to vote down updated stablecoin legislation, arguing it fails to sufficiently address concerns related to President Trump’s crypto ties and leaves financial markets and consumers vulnerable.

The GENIUS Act, which would create a regulatory framework for payment stablecoins, is expected to head to the Senate floor again Monday, after Republicans and crypto-friendly Democrats reached an agreement on new bill text.

“Here we are again,” Warren plans to say on the floor Monday, according to prepared remarks. “So, what has changed with the bill? Not much. Its basic flaws remain unaddressed.”

Democrats initially blocked the Senate from moving forward with consideration of the GENIUS Act earlier this month amid a dispute with Republicans.

A group of crypto-friendly Democrats pulled their support for the bill, accusing Republicans of cutting off negotiations prematurely after........

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