3 crypto bills advance in House. Why investors are hopeful.
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After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.
Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.
House Republicans blocked cryptocurrency legislation despite President Donald Trump's support, citing concerns about Senate changes to the GENIUS Act and potential CBDC implications.
Technology Technology The Big Story Crypto bills stall amid GOP infighting The House floor was locked at a standstill Wednesday afternoon as a diverse array of House
A dozen House Republicans bucked Trump and Speaker Mike Johnson to prevent the legislation from advancing on the floor -- joining the entire Democratic caucus -- and, at least temporarily, freezing activity in the House. The final tally was 196-223.
Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.
A key procedural vote fails in the U.S. House, halting progress on several crypto-related bills as bipartisan pushback stalls industry hopes.
A political standoff has delayed a House vote on cryptocurrency legislation as Republicans struggle with timing constraints and internal disagreements over the GENIUS and Clarity acts.