Honestly, today shook the crypto world. A critical vote in the U.S. House just failed 196–223, completely stalling three big crypto bills we’ve all been watching closely:
🔹 GENIUS Act – A framework for stablecoin regulation
🔹 Digital Asset Market Structure Clarity Act – Clear rules for crypto trading
🔹 Anti-CBDC Surveillance State Act – A push to ban the U.S. CBDC
📌 So, what’s the big deal?
Because of internal Republican disagreements and a united Democratic front, the vote didn’t even reach the debate stage.
Speaker Mike Johnson confirmed: No re-vote today.
📉 Here’s how the market reacted:
Circle dropped 4%
Coinbase went down 1.5%
Bitcoin itself dipped nearly 3%
🔥 Trump’s Reaction? Straight-up fire.
He took to Truth Social and called the vote a “disaster”:
> “The GENIUS Act will put America light-years ahead… EVERY Republican should vote YES!”
He also warned that this delay could give China 🇨🇳 and the EU 🇪🇺 the upper hand in global crypto dominance.
⏸️ Now What?
This doesn’t mean Crypto Week is over—it’s just paused for now.
Backroom talks are happening, and Trump says he’ll push for a re-vote.
🌍 Meanwhile, the U.S. dragging its feet could open the door for other countries to take the lead.
And with no clear regulation in sight, big institutions will likely stay cautious.
🧭 Here’s what I think:
1. Short-term shock, but this isn’t the end of the road.
2. Trump’s pushing hard—if anyone can revive momentum, it might be him.
3. The U.S. has to make a choice now: Lead the crypto future or watch others do it.
💬 What’s your take?
Do you think Trump can revive Crypto Week and bring back U.S. leadership in the crypto space?
Drop your thoughts below 👇
toWeek #CryptoNews #TrumpOnCrypto #toWeek #CryptoNews #TrumpOnCrypto #CryptoRegulation
