US House Advances Crypto Acts Amid Longest Vote

In a historic move, the US House of Representatives passed a rule advancing the GENIUS, Clarity, and Anti-CBDC acts following the longest vote in chamber history.

This development signals strengthened US legislative momentum in cryptocurrency policy, affecting cryptocurrencies like Bitcoin and stablecoins, with expected market responses.

House Advances Crypto Acts After Prolonged Debate

The US House rule advancement features prolonged legislative discussions amid crypto sector growth. The GENIUS, Clarity, and Anti-CBDC acts aim to establish a framework to regulate digital currencies.

Key figures, including Donald Trump and Rep. Andy Harris, actively lobbied, highlighting high-level government involvement. Their participation reflects a broader acceptance of cryptocurrency regulation in political discourse.

Potential Shift in US Crypto Market Dynamics

The procedural move could alter capital inflows into US digital markets, boosting stablecoin and Bitcoin investments. Regulatory clarity is anticipated to encourage institutional interest in the sector.

Political leaders express varied views; Rep. Marjorie Taylor Greene initially opposed, citing incomplete CBDC ban. Broader implications include debates on financial privacy and governmental oversight.

Comparing Past and Present Crypto Legislation

Past legislative moves, like the 2021 Infrastructure Bill, also spurred market adjustments. The current acts potentially mirror previous regulatory impacts on Bitcoin and Ethereum.

Experts predict regulatory certainty could enhance cryptocurrency stability. Success depends on final legislative outcomes, possibly resulting in robust market growth for assets like stablecoins.