U.S. House to Vote on GENIUS Act, CLARITY Act, and Anti-CBDC Act
The approval of three key cryptocurrency bills by the House reflects a significant legislative push, with the GENIUS Act expected to be signed into law soon.
Summary
On July 18, the U.S. House of Representatives passed three cryptocurrency-related bills: the CLARITY Act, the GENIUS Act, and an anti-CBDC surveillance bill. The CLARITY Act received 294 votes in favor and 134 against, with all opposing votes from Democrats. The GENIUS Act is anticipated to be signed into law by Trump, while the CLARITY Act and anti-CBDC bill will move to the Senate for consideration.
Terms & Concepts