The U.S. House of Representatives has passed a rule vote, and the cryptocurrency bill is expected to be voted on tomorrow.

By: theblockbeats.news|2025/07/17 12:12:06
0
Share
copy

BlockBeats News, July 17th, according to reporter Eleanor Terrett's report, the U.S. House of Representatives passed a procedural rules vote by a slim margin of 217-212, paving the way for key bills related to cryptocurrency, defense spending, and more. The vote lasted nearly 10 hours, setting a new record for the longest vote in the U.S. House of Representatives.

Some Republican lawmakers changed their positions multiple times within 24 hours, shifting from opposition to support and back to opposition, before ultimately settling on support. Following the passage of the procedural vote, the House leadership pledged to include an anti-CBDC (Central Bank Digital Currency) provision in the National Defense Authorization Act (NDAA).

The GENIUS Act and a potential CLARITY Act are expected to be brought to the floor for a final vote as early as tomorrow. The GENIUS Act is seen as a significant step towards modernizing financial regulation, including strict reserve requirements for stablecoin issuers and provisions limiting CBDC development.

You may also like

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

Overview of Important Market Events on June 24

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.

Former SpaceX engineer reconstructs the financial execution system using first principles

Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com