U.S. House Financial Services Committee Chairman "Believes Cryptocurrency-Related Bills Will Pass"
Son Min
Summary
- The Chairman of the U.S. House Financial Services Committee announced that three cryptocurrency-related bills are expected to pass.
- Chairman French Hill said that the GENIUS Act, Market Structure Act, and CBDC Prohibition Act have secured the necessary votes for passage.
- It was previously reported that these bills failed to secure a majority in the vote necessary to move to the full House.
The Chairman of the U.S. House Financial Services Committee has expressed his belief that three cryptocurrency-related bills will be passed.
On the 16th (local time), French Hill, Chairman of the House Financial Services Committee, stated in an interview with CNBC, "I believe that the GENIUS Act, the Market Structure Act, and the CBDC Prohibition Act have secured the votes needed to pass."
Previously, these bills failed to secure a majority in the initial vote for referral to the full House.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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