House Passes Crypto Bills
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Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.
After an earlier setback for the Trump administration when House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures, President Donald Trump said late Tuesday he has made a deal with Republican members of Congress to advance the legislation on Wednesday.
1don MSN
Thirteen Republicans voted against a motion to advance three pro-crypto bills, 12 of whom Trump said would now vote differently.
Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.
A key procedural vote fails in the U.S. House, halting progress on several crypto-related bills as bipartisan pushback stalls industry hopes.
After a setback when House Republicans failed to advance a vote on crypto-related legislation, Trump said he struck a deal with GOP lawmakers to move it forward Wednesday.