Crypto Week Stalls Out as House Vote Fails

What was meant to be a big legislative moment for crypto policy ran into a wall on Tuesday. Three major digital asset bills got stopped cold in the House after a group of 13 Republicans broke ranks and joined Democrats to block a key procedural vote. That vote was needed to move forward with debate.. The post Crypto Week Stalls Out as House Vote Fails appeared first on 99Bitcoins.

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Jul 16, 2025 - 14:00

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Crypto Week Stalls Out as House Vote Fails

What was meant to be a big legislative moment for crypto policy ran into a wall on Tuesday. Three major digital asset bills got stopped cold in the House after a group of 13 Republicans broke ranks and joined Democrats to block a key procedural vote. That vote was needed to move forward with debate and final approval.

The bills included the GENIUS Act for stablecoin rules, a bill on market structure, and one aimed at blocking a government-backed digital dollar.

Why the Package Collapsed

The main sticking point came down to how the bills would be handled. Some Republicans pushed for all three to be combined into one package, which would have triggered a longer process involving the Senate. House leadership, backed by Trump, wanted individual votes to fast-track passage. That split caused the vote to fail 196 to 223. With that, the day’s crypto momentum ground to a halt.