🇺🇸 UPDATE ON CRYPTO LEGISLATION IN THE U.S. CONGRESS

According to reporter Eleanor Terrett (Fox Business):

✅ The procedural vote on cryptocurrency-related bills has failed.

❌ Reason: A group from the GOP Freedom Caucus (the conservative faction of the Republican Party) voted against it due to dissatisfaction that the anti-CBDC (central bank digital currency) bill was separated, instead of being grouped together with other crypto bills.

🔄 Current situation: Republican House leaders are renegotiating and hope to hold a new vote tonight.

#crypto