Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Crypto Week Chaos: House GOP Stalls Key Digital Asset Bills
    Cryptocurrency

    Crypto Week Chaos: House GOP Stalls Key Digital Asset Bills

    July 15, 20252 Mins Read


    The U. S. House of Representatives failed to bring three cryptocurrency bills, including the GENIUS Act, forward during “Crypto Week” owing to a procedural vote blocked by a gag of conservative Republicans. The Digital Asset Market Clarity Act and the Anti-CBDC Surveillance State Act are among the stalled measures. This setback came notwithstanding President Trump’s endorsement and public demand for their passage .


    Internal GOP disagreements caused the collapse; some Republicans wanted the measures to be grouped into a single package while others sought a more rigorous restriction on central bank digital currencies (CBDCs) inside the GENIUS Act. Previously supported in the Senate by members across party lines, the GENIUS Act establishes a regulatory framework for U. S. dollar-backed stablecoins. Although considerable obstacles remain, particularly regarding the CBDC issue, House leaders is now working to revise the package.


    Doubts about the future of U. S. digital asset regulation brought on by the stalled bill caused a sharp fall in the stock of crypto companies. According to the table you sent, the GENIUS Act is stalled owing to the need of a combined package and the absence of a clear CBDC ban; the Digital Asset Market Clarity Act is halted because of package/debate concerns; and the Anti-CBDC Surveillance State Act is stymied owing the desire for a combined package. A re-vote may be scheduled shortly, but the bill faces losing the current legislative window.


     





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Pakistan Launches Trial of National Digital Currency

    Cryptocurrency

    Ballet Announces Over $1 Billion in Crypto Assets Secured by Its Users, as the Cryptocurrency Wallet Company Marks Its Sixth Anniversary

    Cryptocurrency

    Black Mirror cryptocurrency skyrockets then crashes after market launch

    Cryptocurrency

    X gets stay on temporary orders requiring it to reinstate account of cryptocurrency analyst – The Irish Times

    Cryptocurrency

    Pakistan Starts National Digital Currency Trial

    Cryptocurrency

    Pakistan Approves New Security Standards to Regulate Cryptocurrency by 2028

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Crypto in emerging markets: The role of digital currency in boosting financial inclusion

    Cryptocurrency

    Yesway Installs Cryptocurrency ATMs Across 45 Locations

    Commodities

    9 Misconceptions About Saving Energy At Home That Could Cost You Money

    Editors Picks

    Snake Eater Boss Fight Had Me Feeling Nostalgic, But Not For MGS 3

    September 2, 2025

    eNor Taps Matera To Provide Seamless Cross-Border Payments

    July 23, 2024

    Research into nano-urea can transform our agricultural sector

    May 25, 2025

    Lin Yu-Ting wins gold after controversy at Olympics

    August 12, 2024
    What's Hot

    Gold Price Jumps Rs 1,150 to Rs 78,500/10g: Silver Soars

    October 11, 2024

    1 Precious Metal Stock With a Decidedly Golden Sheen

    August 23, 2024

    Exclusion from Trump's tariffs reduces premium of New York precious metals over London – Reuters

    April 3, 2025
    Our Picks

    Copper Shores Support ADA Accessible Play in the Baraga State Park

    July 16, 2024

    1 Top Cryptocurrency to Buy Before It Soars 194%, According to the Co-Founder of Ethereum and Cardano

    April 20, 2025

    3 High-Yield Dividend Stocks I Can’t Wait to Buy to Boost My Passive Income

    February 13, 2025
    Weekly Top

    Royal Agricultural University opens its doors for 180th birthday

    September 12, 2025

    Wrexham: Cymau property on the market for £750,000

    September 12, 2025

    3 “Goldilocks” Dividend Stocks Ready To Skyrocket

    September 12, 2025
    Editor's Pick

    6 cas d’usage qui vont révolutionner le secteur financier

    April 2, 2025

    Property tax update: You can now complete the new online application for ANCHOR, Senior Freeze, Stay NJ

    February 14, 2025

    FE Investments selects technology vendor Jacobi to accelerate growth of its Managed Portfolio Service (MPS)

    February 13, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.