Crypto Week in jeopardy as House lawmakers fail to pass procedural motion
- House members failed to clear a procedural motion that could allow deliberation on three cryptocurrency bills: GENIUS, CLARITY, and Anti-CBDC.
- The decision dealt a blow to expectations of progress in crypto regulations.
- The House Gallery posted that no further votes will be held on Tuesday, denying efforts to bring the motion up for another vote.
Lawmakers denied a procedural move that aimed to initiate formal deliberations on three cryptocurrency-related bills, including the GENIUS stablecoin, the CLARITY, and Anti-CBDC bills, which form the basis for the House Crypto Week.
House lawmakers hinder plans to pass crypto regulations
The House of Representatives dashed hopes for Crypto Week on Tuesday after lawmakers failed…
