U.S. House fails to bring virtual asset bills to plenary session... Attempt to re-vote in the afternoon
Summary
- The United States House of Representatives tried to bring two major virtual asset bills to a plenary session, but the schedule was suspended due to the failed vote.
- It was stated that due to the failure to introduce the bills, the plenary votes on the Stablecoin Regulation Act and the Digital Asset Market Structure Bill have been postponed.
- Depending on the results of the re-vote in the afternoon, the legislative schedule for virtual asset regulation may become clear again.
According to Crypto Briefing, a media outlet specializing in virtual assets (cryptocurrencies), on the 15th (local time), the United States House of Representatives attempted to introduce two major virtual asset bills to the plenary session, but the attempt was aborted as the Republican Party failed to pass the procedural vote on the consent motion.
As a result, the so-called 'Crypto Week' schedule was effectively halted, and plenary votes on the related bills were postponed. However, it was reported that the House plans to attempt another procedural vote in the afternoon (local time).
The bills scheduled for a vote included the Stablecoin Regulation Act (Genius Act), the Digital Asset Market Structure Bill (CLARITY Act), and the Central Bank Digital Currency (CBDC) Ban Bill.
This failure to proceed with the vote appears to be due to internal disagreements within the Republican Party, and depending on the results of the re-vote in the afternoon, the legislative schedule for virtual asset regulation may be revealed once again.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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