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House advances GENIUS and CLARITY acts in second procedural vote, reviving Crypto Week momentum

House advances GENIUS and CLARITY acts in second procedural vote, reviving Crypto Week momentum

Key Takeaways

  • The US House of Representatives cleared a procedural hurdle for key crypto bills after an initial setback.
  • With this result, the GENIUS Act, which would establish a proper framework for regulating stablecoins, is poised for final debate and votes on the floor.

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