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Trump pushes U.S. House of Representatives to support Senate version of stablecoin bill

Trump pushes U.S. House of Representatives to support Senate version of stablecoin bill

Cointime2025/07/09 13:21
By: Cointime

according to CoinDesk, the U.S. House of Representatives plans to vote next week on the "GENIUS Stablecoin Act" proposed by the Senate, abandoning its own version. This move is in response to President Trump's request to accelerate cryptocurrency legislation, and if passed, it will become the first major cryptocurrency regulatory law in the United States.

The House of Representatives is also focusing on the "Digital Asset Market Structure Clarity Act," aiming to establish a comprehensive regulatory framework for the cryptocurrency market. The Senate Banking Committee hopes to complete the legislative process by September 30.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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