Your Resource for Government on Crypto

House conservatives tanked a procedural floor vote to advance the three crypto bills up for consideration this week. 13 Republicans voted against moving forward with the package, arguing that the Senate is unlikely to pass a bill banning CBDCs and that such a requirement should be combined into the GENIUS Act. President Trump announced on Truth Social later in the evening that he had met with the group and convinced the holdouts to vote in favor of the rule. The House is expected to hold another procedural vote today.