The U.S. House of Representatives approved three major cryptocurrency bills on Thursday, signaling a significant step forward for the digital asset sector.
- The GENIUS Act, which sets rules for stablecoins, passed with a 308-122 vote and now goes to President Trump.
- The CLARITY Act, aimed at defining the broader structure of crypto markets, passed 294-134 and will move on to the Senate, backed by strong bipartisan support.
- A third bill, more politically divided, proposes a ban on central bank digital currencies. While some lawmakers, including Rep. Maxine Waters, opposed the measures, the overall outcome highlights increasing political momentum behind the crypto industry.
Also Thursday:
This article was written by Eamonn Sheridan at www.forexlive.com.
