Gentlemen, All 3 bills regarding Cryptocurrencies have just been approved by the House, and the GENIUS Act is now on its way to Trump’s desk to become the first major legislation on cryptocurrencies to be signed.
Despite the last few days of drama and uncertainty, Democrats and Republicans really showed up, voting in a much more bipartisan manner than almost everyone expected.
📌The CLARITY Act was approved by 294 votes to 134, with 78 Democrats voting in favor — more than double the ~35 expected and more than the 71 who voted in favor of the FIT21 approval last year.
📌The GENIUS Act was approved by 308 votes to 122, with 102 Democrats voting in favor.
📌The Anti-CBDC Act was approved by 219 votes to 210, with 2 Democrats voting in favor.
The signing ceremony for the GENIUS Act is scheduled for tomorrow afternoon at the White House.
A fitting (and happy) ending to Crypto Week.
*The news comes from our dear Terret, who has been doing an incredible job covering these events.