The U.S. House of Representatives has advanced three major cryptocurrency bills after passing a critical procedural vote late Wednesday night.
This sets the stage for potential floor votes on the GENIUS Act, the Clarity Act, and the Anti-CBDC bill as early as Thursday.
House Resolution 580, which governs consideration of multiple crypto-related bills, passed narrowly with a 217–212 vote after a prolonged nine-hour voting window. The resolution revives the package of digital asset legislation that had stalled the day prior due to internal GOP disagreements.
At the heart of the legislative push is the GENIUS Act—short for Guiding and Establishing National Innovation for U.S. Stablecoins—which aims to establish a clear regulatory framework for stablecoins. The bill, which already passed the Senate last month, could be on its way to President Donald Trump’s desk before the week ends.
The other proposal, the Anti-CBDC bill, seeks to block the Federal Reserve from directly issuing a central bank digital currency (CBDC) to individual Americans. Proponents argue the bill is necessary to preserve financial privacy and prevent federal overreach into consumer banking.
Also moving forward is the Digital Asset Market Clarity Act, a broader proposal designed to define regulatory oversight roles for the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This bill provides long-awaited clarity on how digital assets are classified and supervised.
If passed, this legislative package would represent the most comprehensive federal regulatory effort to date in the digital asset space.
Thailand’s Securities and Exchange Commission (SEC) and the Bank of Thailand have introduced a new nationwide cryptocurrency sandbox program aimed at foreign tourists.
Tensions flared on Capitol Hill Wednesday as the House attempted to revive stalled cryptocurrency legislation following a dramatic GOP rebellion the day prior.
Efforts to establish a clear regulatory path for the cryptocurrency industry in the U.S. hit a major roadblock Tuesday, as the House of Representatives voted 196-223 against advancing three key crypto bills.
U.S. banking regulators have issued fresh clarity on how financial institutions should handle cryptocurrency custody.