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Trump Pushes US House to Support Senate Version of Stablecoin Bill
Summary: According to CoinDesk, the US House of Representatives plans to vote on the Senate's proposed 'GENIUS Stablecoin Act' next week, abandoning its own version. This move is in response to President Trump's call to expedite cryptocurrency legislation and, if passed, will become the first major crypto regulatory law in the US. The House is also ...
According to CoinDesk, the US House of Representatives plans to vote on the Senate's proposed 'GENIUS Stablecoin Act' next week, abandoning its own version. This move is in response to President Trump's call to expedite cryptocurrency legislation and, if passed, will become the first major crypto regulatory law in the US. The House is also focusing on advancing the 'Digital Asset Market Structure and Clarity Act,' aiming to establish a comprehensive regulatory framework for the crypto market. The Senate Banking Committee hopes to complete the legislative process by September 30th.
