WashingtonBitcoin fell 5% as the crypto bill collapsed.
The bill’s failure leaves financial regulators, not US Congress, writing crypto’s rules.
Trump earned $1.4 billion from crypto ventures last year, prompting the ethics dispute that sank the bill.
Sponsor Cynthia Lummis said the bill “is over” for this Senate session.
Sources: Aol, The Intercept, Al Jazeera Online