Crypto Clash In Congress: CBDC Ban Push Stalls House Vote Again

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House Republicans fell short Tuesday in a vote that would have set the stage for debate on the GENIUS Act and a suite of crypto bills. The motion lost 196–222. That failure paused the plan to create the first federal rulebook for stablecoins and blocked a related crypto clarity proposal alongside the annual defense spending bill. As this developed, though, markets reacted. Shares of Circle slid almost 5%. Coinbase and MARA Holdings each dipped about 2%. Deep Rift Among Republicans According to t...