The cryptocurrency industry reached a major milestone in Washington on Thursday, as Congress cleared legislation outlining the first federal rules for stablecoins, a popular form of digital currency....

The fate of long-awaited cryptocurrency legislation in Congress was cast into doubt Tuesday, as a procedural vote to consider the measures was shot down by lawmakers.

Since the GENIUS Act, a bill aimed at regulating stablecoins, already passed by the Senate, the House vote now sends the bill to the executive branch to sign into law.