Crypto, vote and House
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The Republican-controlled U.S. House of Representatives cleared key procedural hurdles on crypto legislation on Wednesday, a day after President Donald Trump intervened to save the initiative, paving the way for the first federal law for digital assets.
15hon MSN
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.
1don MSN
Thirteen Republicans voted against a motion to advance three pro-crypto bills, 12 of whom Trump said would now vote differently.
The House passed a key procedural vote advancing crypto bills GENIUS and Clarity, setting up final debate and votes.
After an earlier setback for the Trump administration when House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures, President Donald Trump said late Tuesday he has made a deal with Republican members of Congress to advance the legislation on Wednesday.
The fate of long-awaited cryptocurrency legislation in Congress was cast into doubt Tuesday, as a procedural vote to consider the measures was shot down by lawmakers. House Republicans had billed this week as "Crypto week,
Last week, the Senate appropriations process took an unexpected turn on another spending bill when Sen. Lisa Murkowski, R-Alaska, joined Democrats to back an amendment from Maryland Sen. Chris Van Hollen regarding the future of the FBI headquarters building.