One bill, on the regulation and ensuring liquidity of stablecoins, previously received approval in the Senate. The second was supposed to determine what digital assets are regulated by the US Securities and Exchange Commission (SEC), and which commercial futures trading commission (CFTC). The third prohibited the US Federal Reserve System to develop and release the digital currency of the Central Bank (CBDC).
“The US crypto industry can win a major victory if the House of Representatives can adopt this week bills on cryptocurrencies that will create a more perfect regulatory framework,” the speaker of the room of representatives Michael Johnson addressed lawmakers.
However, the vote ended with the result of 196 votes for and 223 against.
Speaker Johnson told reporters that negotiations between the House of Representatives, the Senate and the White House were ongoing, and “the blocking of cryptocurrency bills is only a temporary phenomenon and part of the legislative process, after which voting can be repeated.”
Voting failure CALL The reaction of the cryptorrhny. The market of the broadcast fell by 1%, XRP by 1%, SOLANA by 2%. The price of bitcoin in the moment sank by 4%, up to $ 115 222. In the stock market, Riot Platforms shares fell by 3.3%, Mara Holdings by 2.3%, Coinbase by 1.5%, and the Circle Steabelcoins issuer – by 5%immediately.
Earlier, billionaire and entrepreneur Ilon Musk, a former supporter of Trump and the main sponsor of his election campaign, announced the creation of his political party “America” and promised that it would support Bitcoin.
Source: Bits
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