US House Advances Crypto Regulation Bills in Marathon Session

The U.S. House of Representatives has overcome a critical procedural hurdle, paving the way for historic votes on stablecoin oversight and digital asset market structure. Three key bills—the GENIUS Act, CLARITY Act, and Anti-CBDC legislation—cleared the House Rules Committee after a record-breaking 10-hour voting session, the longest in congressional history.

Republican lawmakers executed a dramatic reversal from their previous 223-196 rejection of the package, ultimately approving the measures 217-212. The shift followed direct intervention from former President Donald Trump, who urged GOP members to position America as the global leader in cryptocurrency innovation.

Market observers note the bills' advancement coincides with growing institutional demand for regulatory clarity. The proposed framework WOULD establish federal oversight of stablecoin issuers while preventing unauthorized central bank digital currencies—a compromise that balances innovation with consumer protection.