A 'Crypto Week' win: Congress passes 1st major crypto legislation in the U.S

The United States Congress passed the country's first major standalone crypto bill on Thursday.

The landmark vote signals a sea change in the U.S. stance toward these digital currencies.

The House approved the GENIUS Bill with a 308-122 vote with significant Democratic support, adopting regulations for a type of cryptocurrency known as stablecoins that proponents believe will fundamentally change the world of commerce.