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#HumaFinance and $HUMA ,and Tuesday, parliamentarians failed to approve a procedural resolution to forward Genius, CLARITY, and Anti-CBDC for consideration. The measure failed 196 to 223 when numerous Republicans and Democrats opposed it.
In June, the US Senate enacted the GENIUS Act to regulate stablecoin issuers and provide a legal framework to legitimize and promote their use.
In “Crypto Week,” House members will consider the GENIUS Act, CLARITY measure, and Anti-CBDC Surveillance State Act, raising hopes that crypto rules may reach President Trump before the August break.
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