The US House of Representatives has just cleared a procedural hurdle for three important bills on cryptocurrency, paving the way for a vote in the full House as early as Thursday, as reported by Reuters on July 17.
The measures — the GENIUS Act, the Clarity Act, and the Anti-CBDC bill — were revived after a failed attempt the previous day.
Late Wednesday, House Resolution 580 passed by a vote of 217 to 212, allowing the bills to move forward.
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The GENIUS Act, which establishes regulations for stablecoins and has already been approved by the Senate, could reach President Trump's desk this week.
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For its part, the Clarity Act defines the roles of the SEC and CFTC in overseeing cryptocurrencies, and the Anti-CBDC bill aims to prevent the Fed from issuing a digital dollar.
The bills now await Senate approval.