The Republican-dominated House of Representatives voted to submit crypto regulatory bills to the General Assembly.
๐น GENIUS Act: Provides a regulatory framework for stablecoins. Senate approved, House next. Trump's signature is one step away.
๐น CLARITY Act: Cryptocurrencies would be defined as "digital commodities." The roles of the SEC and CFTC would be clarified.
๐น CBDC ban: The Fed would be prohibited from issuing digital dollars. This provision was key to reaching a compromise with Republican opponents.
The final vote begins this week. It could be a historic moment for crypto.