The House on Thursday passed a bill setting up a regulatory framework for payment stablecoins, sending the cryptocurrency bill to President Trump’s desk and marking a major win for the industry. Lawmakers voted 308-122 to pass the GENIUS Act following a tumultuous “crypto week” in the chamber that saw competing GOP factions bring the House floor to a standstill for two days. Twelve Republicans voted against the measure while 102 Democrats voted “yes.” The bill regulating dollar-backed digital tokens now heads to Trump’s desk, where he has indicated he is eager to sign it. The legislation’s future appeared in jeopardy ... (full story)