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Bitcoin, Ether Bounce Back As House Passes Procedural Vote On 'Crypto Week' Bills
After yesterday's disappointment - and a meeting with President Trump - conservative Republicans flip-flopped and voted to push forward with landmark cryptocurrency legislation. As The Block reports, The House voted 215 to 211 on Wednesday to move forward and later take a vote on the Guiding and Establishing National Innovation for U.S. Stablecoins (also known as the GENIUS bill), which would create a regulatory framework for stablecoins and could be slated to head to President Donald Trump's desk before the end of the week. Lawmakers also voted to proceed with the Digital Asset Market Clarity Act, or Clarity for ... (full story)
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