Editor's PiCK
Following Trump's call for 'swift processing'...Moves to handle CLARITY Act and GENIUS Act simultaneously
Suehyeon Lee
Summary
- President Donald Trump called for the swift processing of the stablecoin bill, and now there is a move to handle it together with the market structure bill.
- The House announced that it is reviewing a plan to process the virtual asset market structure bill and the stablecoin bill together by the August deadline set by President Trump.
- Trump had previously urged the House to bring both bills to a vote as quickly as possible, without any extra provisions.
After President Donald Trump ordered the swift passage of the U.S. stablecoin bill (GENIUS Act), there has been a move to process that bill together with the virtual asset (cryptocurrency) market structure bill (CLARITY Act).
On the 19th (local time), Eleanor Terrett, the host of Crypto in America, reported on X that "the House is reviewing a plan to process the virtual asset market structure bill and the stablecoin bill together by the August deadline set by President Trump."
Earlier, after the stablecoin bill passed the Senate and was awaiting a House vote, Trump urged the House for quick handling, saying, "I want the bill brought to my desk as soon as possible. There should be no delays or extra provisions."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
