House passes historic crypto bill, GENIUS Act
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If passed, the bills could lead to new ways to use the currencies, corporate adoption, and institutional investment.
The US House advances debates on key US crypto legislation, including bills on stablecoins, digital asset oversight, and anti-CBDC measures.
Two of the legislations — the GENIUS Act and the CLARITY Act — were passed with significant bipartisan support.
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
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,