U.S. House Revives Crypto Legislation in Narrow Vote, Advancing GENIUS, CLARITY, and Anti-CBDC Bills
The U.S. House of Representatives narrowly passed a motion to reconsider three pivotal cryptocurrency bills, marking a significant reversal after Tuesday's failed procedural vote. The GENIUS Act, CLARITY Act of 2025, and anti-CBDC legislation now advance to debate following a 215-211 party-line vote, with Republicans unifying support after direct intervention from former President Trump.
Market participants view this as a critical step toward regulatory clarity for stablecoins and digital asset markets. The failed initial vote—which saw 13 Republicans break ranks—highlighted lingering political divisions, but Wednesday's turnaround suggests growing recognition of crypto's economic importance. Legislative progress could catalyze institutional adoption, particularly for assets like BTC and ETH that stand to benefit from defined frameworks.