By Anthony • July 17, 2025 3:59 pm •
After a slow start to Crypto Week, U.S. lawmakers are finally starting to get the ball rolling.
The U.S. House of Representatives passed the GENIUS bill on Thursday, which will provide a regulatory framework for stablecoins.
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The move by lawmakers marks a monumental moment for the crypto industry, which has been pushing for a framework for years.
President Trump is expected to sign the bill into law at any time.
The Hill reported on the vote more in-depth:
The House on Thursday passed a bill setting up a regulatory framework for payment stablecoins, sending the cryptocurrency bill to President Trump’s desk and marking a major win for the industry.
Lawmakers voted 308-122 to pass the GENIUS
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