Republican Lawmaker Votes NO On GENIUS Act Over Missing CBDC Ban – Details

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In a surprising turn of events during the highly anticipated “Crypto Week,” the US House of Representatives voted against the GENIUS Act yesterday, despite widespread expectations that it would pass alongside two other crypto-related bills. The decision sent ripples through the crypto market, catching many investors and industry participants off guard, as the GENIUS Act was seen as a key step toward establishing clearer regulatory guidelines for stablecoins. One of the most vocal opponents of th...