🚨 Crypto Week Hits a Bump: GENIUS Act Faces Setback After Key Vote Fails
📢 The much-anticipated Crypto Week has started on a shaky note as the U.S. House failed to pass a crucial procedural vote, putting the future of the GENIUS Act and CLARITY Act at serious risk.
⚖️ Despite strong industry support and growing urgency for regulatory clarity, this initial setback highlights the complex political landscape surrounding digital asset legislation. However, there’s still hope — House members are set to reconvene for another round of voting in the coming days.
💡 Why It Matters:
▫️ These bills could shape the foundation for U.S. digital asset regulation
▫️ Aimed at ending regulation-by-enforcement and fostering innovation
▫️ Could determine America’s competitive edge in the global crypto race
🔍 All eyes are now on Capitol Hill — can lawmakers push through and deliver real progress?
#CryptoWeek #GENIUSAct #CLARITYAct #CryptoPolicy #Blockchain
https://coingape.com/genius-act-suffers-setback-in-crypto-week-after-failure-to-pass-key-vote/?utm_source=bnb&utm_medium=coingape