🚨 BREAKING: Trump Furious as U.S. House BLOCKS Crypto Bill Vote! 🚫💥
Crypto Week derailed—bipartisan revolt halts legislation, sending shockwaves through the market
📌 What just happened?
A key procedural vote in the U.S. House FAILED 196–223, halting progress on 3 high-stakes crypto bills:
🔹 GENIUS Act – Stablecoin regulations 🪙
🔹 Digital Asset Market Structure Clarity Act – Trading framework ⚖️
🔹 Anti‑CBDC Surveillance State Act – Ban on U.S. CBDC 🔒
🧨 Why it matters:
Republican in-fighting + unified Democratic opposition = ❌ No floor debate.
House Speaker Mike Johnson confirms: No re-vote today. 🛑
📊 Market reaction:
Circle: 🔻4%
Coinbase: 🔻1.5%
🔮 What’s next?
Backroom talks are ongoing. Crypto Week isn’t dead—just paused. ⏸️
🔥 Trump’s Reaction:
📱 On Truth Social, Trump called the vote a “disaster”:
> “The GENIUS Act is going to put our Great Nation light‑years ahead… ALL REPUBLICANS SHOULD VOTE YES!”
He warned that stalling this package would hand global crypto leadership to China and the EU. 🇨🇳🇪🇺
🧭 Conclusion: What It Means for Crypto Markets
1. 🛑 Short‑term uncertainty: The failed vote shocked investors—Bitcoin fell nearly 3%.
2. 🔄 Not over yet: Trump vows to push a re-vote. House leaders may regroup.
3. 🌍 Global competition intensifies: U.S. delay could open the door for rivals.
4. ⚖️ Regulation remains murky: Institutions may stay cautious as U.S. policy hangs in limbo.
🗣️ Your turn:
Can Trump revive Crypto Week and reclaim momentum for U.S. crypto leadership?
💬 Share your take 👇