House Floor Showdown: Crypto Bills Barely Survive Political Chaos
Washington's latest crypto drama unfolded like a high-stakes poker game—except the players were lawmakers, and the chips were your digital assets.
How legislation almost died in committee
Backroom deals and last-minute amendments turned the vote into a circus. The bills—originally touted as bipartisan slam dunks—nearly collapsed under old-school financial lobbying. (Wall Street hates disruption unless they're the ones holding the wrecking ball.)
The 11th-hour save
Three crypto provisions scraped through by margins thinner than a shitcoin's whitepaper. No major exchanges got what they wanted, but stablecoin issuers can stop sweating—for now.
Final score? Crypto 1, TradFi 0. But with regulators already sharpening their knives, this victory might age like a Celsius balance sheet.