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The House voted overwhelmingly on Thursday to pass the first-ever major legislative overhaul of cryptocurrency regulations, sending a bill that will create new rules for so-called stablecoins to the president’s desk and delivering crypto companies a historic lobbying victory. House lawmakers voted 308-122 to adopt the Senate-passed GENIUS Act, with more than 100 Democrats including Minority Leader Hakeem Jeffries joining most Republicans to approve a measure that is poised to help legitimize digital assets as mainstream financial products. During a July 18 White House ceremony, Trump signed the Genius Act legislation into law.
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00:00 Intro
00:15 Sponsor: Coinbase
00:44 Rep. Johnson: Clarity Act is Historic
01:50 Clarity Act Vote Results
02:25 Polymarket odds increase
03:00 Stablecoin Bill: Sean Casten’s last stand
03:45 Genius Act Vote results
04:00 Anti-CBDC Act: Democrats defend CBDC’s
05:45 JP Morgan panicking
06:13 Warren Davidson: we don’t need to study CBDC’s
06:50 CBDC Vote Results
08:05 Two bills head to senate
08:28 Republicans call on Senate to hurry up
10:20 Winners & Losers on Genius Act
11:55 We’re merging two separate supercycles
13:00 Trump signs stablecoin bill into law
14:30 Outro
#Crypto #XRP #Ethereum
~HISTORIC Crypto Bills Pass House!!! |
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