#USCryptoWeek Crypto legislation hits a roadblock as House vote fails.
The U.S. House of Representatives failed to pass a key procedural vote on Tuesday, stalling progress on several crypto regulatory bills.
Despite plans by House Republicans to advance multiple bills during the so-called โCrypto Weekโ, internal disagreements among conservatives โ along with Democratic opposition โ blocked the vote.The clash centered on disputes over how the bills would be packaged and debated.
House Speaker Mike Johnson remains hopeful for a resolution and promised further discussions for a possible future vote.
๐๏ธ The regulatory future of crypto in the U.S. hangs in the balance.