🚨 Trump's Crypto Laws Failed in the US Congress 🚨
The bills supported by US President Donald Trump regarding cryptocurrency regulation did not pass a key vote in the House of Representatives. Of the three proposals — GENIUS Act (regulation of stablecoins), CLARITY Act (regulation of the crypto market), and Anti-CBDC Surveillance State Act (oversight of the digital dollar) — none received the necessary support.
After the vote, Trump stated that the groups of Republicans who voted against would agree to change their position after his meeting with them at the White House. "I am in the Oval Office with 11 of the 12 congressmen needed to pass the GENIUS Act," the president noted. However, the reaction from the crypto market was negative: shares of companies like Circle and Coinbase fell by 7% and 4% respectively.
The market was eagerly awaiting the passage of the bills, and their failure was a significant disappointment. It is expected that Trump and his team will attempt to reinitiate discussions.
#Cryptocurrency #Trump #USCongress #CryptoLaws #GENIUSActP $ADA
