[U.S. Senate Rejects Trump's Proposal to End 'Filibuster']
On November 5 local time, U.S. President Trump proposed ending the Senate 'filibuster' to push for a government restart, but the Senate rejected the proposal. Senior Republican Senator McConnell explicitly stated that Republicans would not end the 'filibuster.' Trump called on Republicans to take immediate action that day and stated, 'The bill should start being passed tonight.'
Sergey Nazarov, co-founder of Chainlink, stated that large institutions, including JPMorgan, are adopting blockchain technology based on its advantages. This indicates that the application of blockchain technology is gradually gaining recognition from traditional financial institutions. More institutions may join the ranks of blockchain technology applications in the future. (CoinDesk)
In the wake of the U.S. GENIUS Act, Canadian lawmakers are moving on Canadian-dollar-backed stablecoin legislation, which is being cheered by crypto interests.