❌ The US has blocked three major cryptocurrency bills: GENIUS Act, CLARITY Act, and Anti-CBDC Act. They failed to pass a procedural vote in the House of Representatives, which prevents them from moving to a final vote.
What are these initiatives?
- GENIUS Act – creates a friendly environment for crypto startups and innovation.
- CLARITY Act – clearly defines the roles of the SEC and CFTC.
- Anti-CBDC Act – bans the launch of a US central bank digital currency (CBDC).
Why were they blocked?
- Not enough votes to move forward.
- Internal party disagreements.
- Democrats are concerned about weakening the SEC.
- Budget negotiations took priority in Congress.
What does Trump say?
Trump claims he already has 11 out of 12 needed votes to pass the GENIUS Act. Speaker Mike Johnson has promised to bring it back for another vote soon.
Why does it matter?
These bills could: Make life easier for crypto businesses in the US, Limit SEC control, Prevent the launch of a digital dollar
❗Delays increase legal uncertainty and slow down the industry’s growth.
? Conclusion
Crypto regulation in the US is once again on hold. As lawmakers struggle to reach consensus, the market remains in limbo – and that could prove costly in the long run.
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