US House Passes Key Vote to Advance Major Crypto Bills
The post US House Passes Key Vote to Advance Major Crypto Bills appeared on BitcoinEthereumNews.com.
The three crypto bills including the GENIUS Act, Clarity Act, and Anti-CBDC Act now have a clear path to President Trump’s desk. The inclusion of the anti-CBDC language in the defense bill has reassured more House members to vote for the crypto bills. The final House vote on the GENIUS Act is expected on Thursday. In a narrow 217 to 212 vote, the U.S. House of Representatives has passed a key procedural hurdle, clearing the way for a final floor vote on a slate of crypto bills. A final vote on the GENIUS Act, which would create a federal framework for stablecoins, could now happen as soon as today, Thursday. The successful vote marks a major breakthrough for what has been dubbed “Crypto Week” in Washington. The Deal That Broke the Deadlock The procedural vote was able to pass after a key compromise was reached. An earlier attempt to advance the bills failed when several Republican lawmakers objected to language in the GENIUS Act, fearing it might inadvertently open the door for a Central Bank Digital Currency (CBDC). Related: Trump Pushes GENIUS Act Back on Track as French Hill Confirms House Votes An intervention from President Donald Trump appears to have reassured these members after a promise was made that strong anti-CBDC language will be included in the separate NDAA defense bill. “With the final procedural vote passed — and a promise that anti-CBDC language will be included in the NDAA defense bill — House leadership can bring the GENIUS Act, and possibly the CLARITY Act, to the floor for final passage as soon as tomorrow,” Eleanor Terrett noted. 🚨NEW: Vote has passed 217-212 and the House has now advanced the rule setting up floor votes on crypto, defense spending and other measures tomorrow. So, when all was said and…
Filed under: News - @ July 17, 2025 7:29 am