🗣U.S. Approves Advancement of Stablecoin and Crypto Bills
🟡The House of Representatives backed the advancement of three key initiatives: a regulatory framework for stablecoins (GENIUS), defining crypto asset status (CLARITY), and banning the Fed’s digital dollar (Anti-CBDC Act).
🟡The decision was supported by 217 congress members, with all Democrats voting against.
🟡The final vote on GENIUS could take place as early as July 18.