House Receives GENIUS Act After 68–30 Senate Vote — But Crypto Reform Now Faces a New Twist
The post House Receives GENIUS Act After 68–30 Senate Vote — But Crypto Reform Now Faces a New Twist appeared on BitcoinEthereumNews.com. Key Takeaways: The GENIUS Act, a key U.S. stablecoin bill, has officially reached the House after strong Senate approval. House leadership signals possible delay as lawmakers seek to merge it with the broader CLARITY Act. Donald Trump urges a clean passage of the GENIUS Act, putting pressure on the House to avoid amendments. After clearing the Senate with overwhelming bipartisan support, the GENIUS Act — a landmark bill aimed at regulating stablecoins — has entered the House. But momentum could stall as top Republicans call for a merger with the CLARITY Act, a more comprehensive crypto market structure proposal. Read More: GENIUS Act 2025 – All You Need to Know About This New Stablecoin Regulation From Senate Approval to House Reception Swift Movement, But an Uncertain Path Forward The GENIUS Act was approved 68-30 in the United States Senate on June 17, 2025, showing cross-party agreement on the importance of regulation of stablecoins. The draft, which has been largely considered as a legislative blueprint for digital asset policy, now progresses to the House of Representatives. Timeline of Legislative Actions: June 17, 2025 (Senate): The GENIUS Act passed with amendments, vote No. 318. June 23, 2025, 3:19 PM (House): The House received the bill in open session. June 23, 2025, 3:29 PM (House): The bill was “held at the desk,” which is leadership’s way of saying it has not been referred to committee or floor debate. June 23, 2025 (Senate): A message on Senate action sent to the House. This process indicates administrative efficiency — only 10 minutes separated the bill’s receipt and its pause — but also reflects an internal hold while House leadership considers its next move. Read More: U.S. Senate Passes the GENIUS Act — What’s Really Inside the $3.7 Trillion Crypto Bill? House Push to Merge GENIUS…
The post House Receives GENIUS Act After 68–30 Senate Vote — But Crypto Reform Now Faces a New Twist appeared on BitcoinEthereumNews.com.
Key Takeaways: The GENIUS Act, a key U.S. stablecoin bill, has officially reached the House after strong Senate approval. House leadership signals possible delay as lawmakers seek to merge it with the broader CLARITY Act. Donald Trump urges a clean passage of the GENIUS Act, putting pressure on the House to avoid amendments. After clearing the Senate with overwhelming bipartisan support, the GENIUS Act — a landmark bill aimed at regulating stablecoins — has entered the House. But momentum could stall as top Republicans call for a merger with the CLARITY Act, a more comprehensive crypto market structure proposal. Read More: GENIUS Act 2025 – All You Need to Know About This New Stablecoin Regulation From Senate Approval to House Reception Swift Movement, But an Uncertain Path Forward The GENIUS Act was approved 68-30 in the United States Senate on June 17, 2025, showing cross-party agreement on the importance of regulation of stablecoins. The draft, which has been largely considered as a legislative blueprint for digital asset policy, now progresses to the House of Representatives. Timeline of Legislative Actions: June 17, 2025 (Senate): The GENIUS Act passed with amendments, vote No. 318. June 23, 2025, 3:19 PM (House): The House received the bill in open session. June 23, 2025, 3:29 PM (House): The bill was “held at the desk,” which is leadership’s way of saying it has not been referred to committee or floor debate. June 23, 2025 (Senate): A message on Senate action sent to the House. This process indicates administrative efficiency — only 10 minutes separated the bill’s receipt and its pause — but also reflects an internal hold while House leadership considers its next move. Read More: U.S. Senate Passes the GENIUS Act — What’s Really Inside the $3.7 Trillion Crypto Bill? House Push to Merge GENIUS…
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