#binance #hype #zec #near
16/07/25 16:45 UTC-04

Trump-backed cryptocurrency bills advance in the House of Representatives

The US House of Representatives overcame a key procedural hurdle on Wednesday for several cryptocurrency bills, setting the stage for their likely approval following intervention by President Donald Trump, who revived the initiative.

The procedural vote advances the digital asset legislative package to a final vote, representing a potentially major victory for the cryptocurrency sector if fully approved.

The successful vote came just one day after conservative Republicans helped block a similar procedural measure due to disagreements over how to advance the legislation.

President Trump’s intervention appears to have played a decisive role in reviving the legislative effort after its initial failure. The Republican-controlled House of Representatives is now poised to vote on final passage of the cryptocurrency measures.

See also: "JPMorgan announces timeline for launching its own stablecoin"

#Trump #GENIUS Act

Editor: Alyona Nabok
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