US passes crypto regulation bills
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If passed, the bills could lead to new ways to use the currencies, corporate adoption, and institutional investment.
Ether, the second largest cryptocurrency after Bitcoin, continued to surge Friday after the House of Representatives approved three crypto-friendly bills that could give digital assets increased legitimacy.
In a week of landmark legislative wins for the crypto industry, the U.S. House of Representatives has now passed all three key bills — the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. But despite what many in the industry have called a historic breakthrough, markets are barely reacting.
The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.
Crypto Week has seen U.S. lawmakers advance three key crypto bills, indicating a shift toward clear rules for stablecoins, tokens, and CBDCs.
A bullish crypto market meets historic crypto bills as the US advances GENIUS, CLARITY, and Anti-CBDC Acts to lead global digital asset regulation.
The House is set to vote on a series of high-stakes bills backed by the cryptocurrency industry, after top Republicans brokered a deal with a group of dissenters in their ranks.