House Reconsiders Crypto Package with GENIUS, CLARITY Acts

House Reconsiders Crypto Package with GENIUS, CLARITY Acts
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The U.S. House of Representatives has approved a motion to reconsider a crypto-related legislative package, including the GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance Act. The procedural vote sets the stage for further legislative action on digital asset policies.

  • The House approved a procedural motion to reconsider a crypto package, but it requires further legislative steps before reaching the President.
  • Former President Trump urged GOP support for the package, framing it as critical for U.S. leadership in digital asset policy.
  • Key lawmakers, including Rep. Chip Roy, advocate for standalone debates and a 'hard ban' on a U.S. central bank digital currency (CBDC).
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