Three US Crypto Bills Clear Procedural Vote After Initial Failure
The US House of Representatives has cleared the way for three Republican-led crypto bills to be considered in the chamber after a failed vote on Tuesday.
In a Wednesday floor vote in the House, lawmakers voted 215-211 in favor of a resolution to reconsider a package with bills to regulate payment stablecoins, establish crypto market structure and restrict the development of a US central bank digital currency (CBDC).
The passage could lead to amendments to the bills and votes on the legislation itself soon as part of Republicans’ plans to pass them before Congress breaks for an August recess.
Despite political pressure from US…
