Crypto Relief: House Advances GENIUS, CLARITY, Anti-CBDC Bills After Narrow Vote

The US House of Representatives narrowly passed a motion to reconsider three crypto bills: the GENIUS Act, the CLARITY Act, and an anti-CBDC bill, after an initial failed attempt. Donald Trump intervened to secure Republican support. A potential merger of the CLARITY Act and the anti-CBDC bill is causing conflict, with some Republicans fearing it will doom the CLARITY Act. The GENIUS Act is expected to remain separate. If passed by the House, it would go to the President. Bitcoin is currently holding above $119,000.