The U.S. House of Representatives has passed a rule vote, and the cryptocurrency bill is expected to be voted on tomorrow.
BlockBeats News, July 17th, according to reporter Eleanor Terrett's report, the U.S. House of Representatives passed a procedural rules vote by a slim margin of 217-212, paving the way for key bills related to cryptocurrency, defense spending, and more. The vote lasted nearly 10 hours, setting a new record for the longest vote in the U.S. House of Representatives.
Some Republican lawmakers changed their positions multiple times within 24 hours, shifting from opposition to support and back to opposition, before ultimately settling on support. Following the passage of the procedural vote, the House leadership pledged to include an anti-CBDC (Central Bank Digital Currency) provision in the National Defense Authorization Act (NDAA).
The GENIUS Act and a potential CLARITY Act are expected to be brought to the floor for a final vote as early as tomorrow. The GENIUS Act is seen as a significant step towards modernizing financial regulation, including strict reserve requirements for stablecoin issuers and provisions limiting CBDC development.
You may also like

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

New gameplay for participating in initial offerings on cryptocurrency exchanges

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

DeepSeek Financing Story

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

