Crypto Bills Clear Procedural Hurdles in House After Tuesday’s Fail

The United States House of Representatives has voted to advance three major crypto bills on Wednesday. The GENIUS Act, Clarity Act, and the Anti-CBDC Act received an overwhelming support from the Republicans and a majority disapproval from the Democrats.

After the three bills failed the procedural votes on Tuesday with 196 to 223 votes, the House of Representatives approved the bills today with a 215 to 211 votes. With the Genius Act having already passed the Senate, President Donald Trump said earlier today that the House will pass the legislation on…