House Passes ‘Crypto Week’ Bills, Sending GENIUS Act to Trump’s Desk
Key Takeaways
- The House of Representatives voted Thursday to pass a trio of cryptocurrency bills pushed for by President Donald Trump.
- The GENIUS Act, which establishes a framework for private companies to issue stablecoins, will now move to Trump’s desk for signature, having passed both chambers of Congress.
- The House-passed CLARITY Act would establish a new framework of crypto regulation, while the Anti-CBDC Surveillance State Act would prevent the Federal Reserve from issuing a central bank digital currency. Both will require Senate approval before they can move to Trump’s desk.
The House of Representatives voted Thursday to pass a trio of cryptocurrency bills pushed for by President Donald Trump.
The GENIUS Act, which…
