US EditionHouse breaks record for longest vote on rule for crypto bills
UNITED STATES, JUL 16 – The House GOP overcame opposition from conservative factions to advance three bills regulating stablecoins and blocking a Federal Reserve digital dollar without congressional approval.
- The House of Representatives set a record for the longest vote in history on a procedural measure for cryptocurrency bills, lasting roughly nine hours.
- The voting process faced opposition from several House GOP lawmakers, threatening its success, as they could only afford three 'no' votes.
- The Anti-CBDC Surveillance State Act became a crucial part of discussions, with conservatives concerned about the implications of cryptocurrency regulation on financial privacy.
- House Majority Whip Tom Emmer confirmed that the agreement on anti-CBDC protections is a significant win for financial privacy and economic freedom.
17 Articles
17 Articles
‘They took it to the next level’: Emmer breaks down the Republican crypto rebellion
The NewsThe House GOP whip is warning conservative holdouts that their public rebellion on Wednesday — which forced the chamber into its longest vote in history — may not “100% guarantee” a clean victory on their cryptocurrency priorities.Rep. Tom Emmer of Minnesota said he “was, frankly, flattered” when Freedom Caucus members seized on his legislation banning a Central Bank Digital Currency to hold up two other digital assets bills and a defens…
Crypto Bills Advance After Longest House Vote in History
The U.S. House of Representatives advanced three major crypto bills late Wednesday after the longest vote in House history, a session that lasted nearly 10 hours and ended with a 217-212 vote. The three bills advanced for debate are the GENIUS Act, which sets rules for stablecoin issuers, the CLARITY Act, which defines which tokens will be regulated by the Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC)…
House Crypto Vote Breaks Records as GENIUS Act Inches Closer to Trump's Desk
In what's now officially the longest vote in the history of the U.S. House of Representatives, lawmakers stalled for over seven hours and 24 minutes Wednesday night over a cryptocurrency rule vote
Conservative crypto rebellion breaks after longest House vote in US history
The House of Representatives set a new record for the longest vote in history on Wednesday.A conservative rebellion over cryptocurrency bills paralyzed the House floor for two days this week, and while it’s finally over, it means House GOP leaders have significantly less time to carry out their legislative timeline.Voting kicked off just before 1 p.m. on Wednesday on a procedural measure that would have allowed the House to begin debate on sever…
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