House Passes GENIUS Act After ‘Crypto Week’ Delays: Here’s What To Know
Topline
The House approved legislation to regulate stablecoins Thursday and is expected to vote on two other crypto bills later in the day after conservatives blocked the legislative package for a record nine hours Wednesday, defying President Donald Trump’s demands for what Republicans have dubbed “crypto week.”
House Speaker Mike Johnson, R-La., speaks at a press conference following a House Republican … More
Key Facts
The House passed the stablecoin bill, known as the Guiding And Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, in a 308-222 vote, sending it to Trump’s desk for a…