U.S. crypto regulation bills stall in House procedural vote
"Crypto Week" in the U.S. Congress hit a snag as procedural votes to advance several high-profile cryptocurrency bills—including stablecoin regulation and a ban on a central bank digital currency—were blocked on July 15. The blockage was driven by bipartisan opposition and disagreements over bundling transparency bills with broader provisions.
Republicans joined forces with Democrats to oppose the procedural move, arguing the bundling created confusion and undermined the clarity of each proposal. House Speaker Mike Johnson announced intentions to revisit the legislation once organizational issues are resolved.
Following the vote, crypto-linked stocks—including Circle Internet and Coinbase—suffered losses, reflecting investor concerns over continued regulatory uncertainty.
Supporters of the stalled bills argue a coherent federal framework is essential for consumer protection and innovation, insisting regulatory clarity is now more important than ever.
Adedayo Obadina
Talksocialtalks
