The changes called for consumer protection safeguards and limits on tech companies issuing stablecoins, digital tokens pegged to fiat currencies like the U.S. dollar, and would extend ethics standard...

For now, Senate leaders are hailing the stablecoin bill as a landmark piece of legislation that overcame the partisan divisions of Trump’s second term.

Senate Republicans on Monday unveiled their legislative vision proposing a series of tweaks that would primarily enhance the benefits provided to businesses.