🚨 BREAKING _ Historic Crypto Vote: House Backs GENIUS & Clarity Acts Despite Democrats Opposition
🔥Update— July 16, 2025
The U.S. House has voted 215–211 to move forward with three major crypto bills, reviving momentum after a failed procedural vote earlier this week.
🏛️ GENIUS Act – sets rules for stablecoins, expected to reach President Trump soon.
⚖️ Clarity Act – defines who regulates crypto: the SEC or the CFTC.
🛑 A third bill aims to stop the Federal Reserve from giving digital money (CBDC) directly to the public.
📣 No Democrats supported the bills. Rep. Maxine Waters called them “dangerous” and a gift to Trump’s crypto agenda.
💡 What It Means for Crypto?:
✅ U.S. may finally get clear rules for crypto and stablecoins
✅ Could boost business, innovation, and investor confidence
⚠️ Critics say it may weaken protections for consumers
❌ If passed, the U.S. might delay or stop work on a digital dollar (CBDC)