Crypto Legislation Stalls in U.S. House โ€” Trump Responds with Sharp Criticism ๐Ÿ˜ค๐Ÿ“‰

Todayโ€™s developments in Washington sent shockwaves through the crypto world.

Three major cryptocurrency-related bills failed to pass in the U.S. House, with a close vote of 196โ€“223. This outcome halts several key regulatory initiatives:

๐Ÿ”น GENIUS Act โ€“ Aimed at establishing stablecoin oversight

๐Ÿ”น Digital Asset Market Clarity Act โ€“ Proposed framework for crypto exchange compliance

๐Ÿ”น Anti-CBDC Surveillance State Act โ€“ Intended to prevent the creation of a federal digital currency

๐Ÿ“Œ Why This Matters:

Despite increasing bipartisan interest in crypto regulation, internal GOP divisions and opposition from Democrats ended any chance of debate on the floor.#BinanceHODLerERA