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Trump-backed crypto regulation bills fail to clear key hurdle in Congress

From cnbc.com

Several cryptocurrency-related bills backed by President Donald Trump failed to clear a key procedural hurdle in the House of Representatives on Tuesday, dealing a major blow to the crypto industry. The failed vote delivers a major blow to to the crypto industry, which was hoping for a series of legislative wins this week — which had been billed as “Crypto Week.” The final vote was 196-223, with 13 Republicans voting with Democrats to block the procedural motion, NBC News reports. House leadership tentatively plans to hold another vote later in the day Tuesday to advance the legislation. It was unclear Tuesday ... (full story)

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