The U.S. House of Representatives recently advanced the Genius Act and the Crypto Market Structure Act through a procedural vote.
These legislative initiatives are specifically designed to promote institutional adoption of cryptocurrencies across the United States, establishing clearer regulatory pathways for financial entities entering the digital asset space.
The advancement marks a critical step toward modernizing the nation’s financial infrastructure and integrating traditional finance with emerging blockchain technologies.
Lawmakers anticipate the proposed frameworks will provide regulatory certainty needed for banks, investment firms, and financial service providers to expand cryptocurrency offerings.