"US House Attempts Another Procedural Vote on Virtual Asset Bills on the Afternoon of the 16th"

YM Lee

Summary

The United States House of Representatives announced it will hold new procedural votes on the afternoon of the 16th for the stablecoin bill GENIUS Act and the Digital Asset Market Structure bill CLARITY Act.
If this procedural vote passes, debate and a final passage vote may follow.
The progress of these legislative procedures may have a significant impact on the virtual asset market.

The United States House of Representatives is expected to hold new procedural votes on virtual asset (cryptocurrency) related bills, including the stablecoin bill GENIUS Act and the Digital Asset Market Structure bill CLARITY Act, on the afternoon of the 16th.

On the 16th (local time), Eleanor Terrett, a host at CryptoAmerica, stated on her X (formerly Twitter), "According to the voting schedule sent from the House, a procedural vote is expected to take place around 12:20 p.m. (local time, 1:20 a.m. KST on the 17th). If the procedural vote is passed, debate and a final passage vote can follow."