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The storm clouds are hovered on US capitol in Washington on July 1, 2025, USA.
Chip Somodevilla | Getty pictures
A few kriptovurr Regulatory documents are supported by the President Donald Trump A major procedure could not clear the barrier on Tuesday House of Representativesto deal with a big blow to crypto.
In order, the last vote was 196-223, 13 Republicans voted to prevent the procedural action with Democrats. The event cannot advance until the rule of the house managing the dispute for the house legislation.
The voting was a unique example of a house Republican who refused to take direction from Trump as a “Crypto Week”. The measures are expected to be expected.
The house management is initially planning to collect another vote later to try to develop legislation.
It was unknown whether the second sound will be the same rules and the same bill or the package of the chairs in the package to ensure the movement of the leaders in the house.
After the voting failed, the cryptoist was closed.
Shares stablecoin company Turn over More than 7% fell in news Siknbase Dropped more than 4%. Shares of digital asset firm Mara holdings Dipped more than 2%.
One of three bills in Limbo after unsuccessful sound The genius actionLast month, passing the Senate with a little democratic support. The Genius law is trying to regulate Stablecoins.
Another bill will establish the rules of clarity, an asset will be adjusted as security Securities and Exchange Commission or as a commodity Commodity Futures Trade Commission.
The third proposal would prevent the formation of the federal reserve Central Bank Digital Currency.
Rep. Marjorie Taylor GreeneR-Ga., One of the Republicans against the event, write In a post, “I do not have a rule for the genius law, because the Central Bank does not ban on the digital currency of the bank, and speaking Johnson does not allow the genius act.”
“President Trump must include a ban on CBDC at the Executive Order of January 23 and also includes a ban on CBDC in Congress,” Greenee wrote.
Trump, inhabitants of the inhabitants of the residents, in fact, a “Crypto Week” in a writing about the inhabitants, called “Crypto Week” and called on all the House Republicans to vote at the event.
“The house will soon vote for America’s undisputed, digital assets to a very large bill to make the number one lead – nobody does it better!” Trump wrote.
“The Genius law is trying to catch our great nation in China, Europe and others, others and others, but they can’t do it,” he said.
“Digital assets are going to come and lead a lot! Get the first voice in this afternoon (all Republicans should vote Yes!),” Trump continued.
– Contributed CNBC’s Emily Wilkins Interview