đš Crypto Week Hits a Bump: GENIUS Act Faces Setback After Key Vote Fails
đą The much-anticipated Crypto Week has started on a shaky note as the U.S. House failed to pass a crucial procedural vote, putting the future of the GENIUS Act and CLARITY Act at serious risk.
âïž Despite strong industry support and growing urgency for regulatory clarity, this initial setback highlights the complex political landscape surrounding digital asset legislation. However, thereâs still hope â House members are set to reconvene for another round of voting in the coming days.
đĄ Why It Matters:
â«ïž These bills could shape the foundation for U.S. digital asset regulation
â«ïž Aimed at ending regulation-by-enforcement and fostering innovation
â«ïž Could determine Americaâs competitive edge in the global crypto race
đ All eyes are now on Capitol Hill â can lawmakers push through and deliver real progress?
#CryptoWeek #GENIUSAct #CLARITYAct #CryptoPolicy #Blockchain
https://coingape.com/genius-act-suffers-setback-in-crypto-week-after-failure-to-pass-key-vote/?utm_source=bnb&utm_medium=coingape