The US House aims to advance three major crypto bills amid partisan tensions, with a focus on stablecoin regulation and CBDC concerns.
The US House is set to attempt a vote on three crypto bills, including the GENIUS Act, after a previous re-vote was canceled due to Republican dissent regarding a CBDC ban. House Speaker Mike Johnson emphasized the urgency of passing these bills, which are part of a Republican initiative called 'Crypto Week.' The GENIUS Act, aimed at regulating stablecoins, faces calls for amendments from some lawmakers who oppose its current provisions. The outcome could significantly influence the regulatory framework for cryptocurrencies in the US.