The United States approved the promotion of stablecoin and crypto laws
The House of Representatives supported the promotion of three key initiatives at once: the regulatory framework for stablecoins (GENIUS), the determination of the status of crypto assets (CLARITY) and the ban on the digital dollar from the Fed (Anti-CBDC Act).
The decision was supported by 217 congressmen, all Democrats voted against.
The final voting on GENIUS may take place as early as July 18.