House Republicans failed to advance a key procedural motion that would have enabled debate on the GENIUS Act and other major crypto bills earlier today, Tuesday. The failed vote stalled the highly anticipated legislative push dubbed part of “Crypto Week,

The Senate passed the bill in a bipartisan vote last month. The vote in the House was also bipartisan, with 206 Republicans voting in favor of the bill and 102 Democrats. The complete House vote was 308-122.

President Trump signed the \"Guiding and Establishing National Innovation for US Stablecoins Act,\" or GENIUS Act, into law, aiming to regulate payment

After a choppy week of political posturing, the GENIUS Act (S 1582), the legislation that provides federal rules for payment stablecoins, has been approved in

Paolo Ardoino, CEO of stablecoin giant Tether, will face a major challenge in the U.S. if the ‘Genius Act’ becomes law. Photo: Ronda Churchill/Bloomberg News