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Trump Claims Victory After Persuading Republicans To Back GENIUS Act, Crypto Bills
The main reason behind the pulled support was concerns regarding the lack of a “hard ban” on central bank digital currencies (CBDCs). “The GENIUS Act does not follow President Trump’s executive order because it does not ban a CBDC,” said Republican Marjorie Taylor Green in an X post.
If passed, the Crypto Week legislation could lead to new ways to use the currencies, corporate adoption, and institutional ...
Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.
The House of Representatives passed to go ahead with key crypto legislation on July 16, which sent the crypto market rallying. Bitcoin was trading at $119,507.85 as per Kraken's price feed.
The US House advances debates on key US crypto legislation, including bills on stablecoins, digital asset oversight, and anti-CBDC measures.
XRP jumps 6% after the House advances the GENIUS Act, boosting Ripple’s RLUSD strategy and bringing new regulatory clarity.
Cryptopolitan on MSN1d
House Republicans failed a key vote to advance the GENIUS Act, stalling a major crypto legislative pushHouse Republicans failed to advance a key procedural motion that would have enabled debate on the GENIUS Act and other major ...
After a failed House vote, Trump says 11 of 12 key lawmakers now back advancing the GENIUS Act. One day after the U.S. House ...
Georgia Republican Representative Marjorie Taylor Greene invoked the Bible on Wednesday to declare her opposition to a ...
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