US House members could mark a milestone on Thursday, July 17th when voting for the anti-CBDC language integrated into the Genius Act and the National Defense Certification Act (NDAA).
So far, the debate has been paralyzed when conservatives rejected important votes. They requested that three projects be merged on cryptocurrencythat regulatory framework has been delayed for several months.
Given the pressure, room president Mike Johnson suddenly canceled the session despite enforcement pressure to approve the package yesterday. And finally, the camera chose to accelerate the process according to the Senate’s genius version. This will satisfy Trump’s desire to have laws at his desk before the weekend.
According to President Donald Trump and Republican lawmakers, these measures, promoted during Cryptocurrency Week, could consolidate the United States as a global leader in digital assets.
Clear laws that seek to regulate whether cryptographic actions are value or commodities continue to debate, but face democratic resistance. The Genius Act, approved by the Senate on June 17th in a bipartisan 68-30 vote, will be voted today at the Chamber of Commerce. If approved, he will arrive at President Trump for his signature.
Regulations require liquid assets and monthly audits to protect consumers, establishing a regulatory framework for stubcoin.
Republican leader in the room They have achieved important advances by ensuring support for the voteincorporates state laws on anti-CBDC surveillance that delays Banco Central’s digital currency into the NDAA project, a priority approved defense law.
The measure, promoted by Trump and Representative Tom Emmer, strengthens Americans’ financial privacy and counters the fear of national surveillance.
In short, as Cryptonotias reported, approval for this law package could come today after intense negotiations involving a last-minute meeting at Capitol and a direct intervention by Trump with the conservative Republicans who initially resisted.
If these laws are approved, The US has been able to establish a clear legal frameworkpromoting innovation and global adoption of Bitcoin and cryptocurrency.