Reports indicate that the vote fell apart after a group of House Freedom Caucus politicians voted no on the grounds that the crypto bills did not sufficiently address problems surrounding central bank digital currencies (CBDCs), along with other concerns.
A successful vote would have largely been seen as a landmark moment for pro-crypto proponents as it included key legislation such as the GENIUS Act and CLARITY Act.
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Reports indicate that the vote fell apart after a group of House Freedom Caucus politicians voted no on the grounds that the crypto bills did not sufficiently address problems surrounding central bank digital currencies (CBDCs), along with other concerns.
A successful vote would have largely been seen as a landmark moment for pro-crypto proponents as it included key legislation such as the GENIUS Act and CLARITY Act.
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