Trump to sign landmark crypto bill, GENIUS Act
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Two of the legislations — the GENIUS Act and the CLARITY Act — were passed with significant bipartisan support.
The US House advances debates on key US crypto legislation, including bills on stablecoins, digital asset oversight, and anti-CBDC measures.
GENIUS Act, Anti-CBDC Act, and CLARITY Act pass procedural vote 215-211 in Congress after Trump's Oval Office intervention.
The bills aim to define Bitcoin as a commodity, block a Federal Reserve issued CBDC, and regulate stablecoins while protecting decentralized assets.
We’ve got a big week ahead of us in terms of U.S. crypto legislation, so I asked Katherine Dowling, general counsel at Bitwise, to give us a rundown.
The Genius Act passed in the House by a 308-122 vote after it was passed in the Senate last month with broad bipartisan support. The landmark legislation lays out the rules of the road for the $250 billion market for stablecoin,
The Clarity Act (HR 3633), the legislation that aims to provide guidance on how different digital assets are regulated and which agency has oversight, is