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Crypto Bills Falter as House Republicans Split on Procedural Vote

House Republicans fell short on a procedural motion, forcing a second attempt to push President Trump’s flagship crypto legislation to his desk.

Visitors to the U.S. Capitol rest in the shade on Capitol Hill in Washington, D.C., U.S., June 25, 2025. REUTERS/Nathan Howard/ File Photo
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Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Overview

  • A procedural motion to advance three crypto bills—including the GENIUS Act and the Clarity Act—failed 196-223 after 13 Republicans joined Democrats in opposition.
  • GOP defectors cited conflict-of-interest concerns and the rapid pace of the package dubbed “Crypto Week.”
  • House leadership scheduled a second procedural vote later Tuesday to secure floor debates on stablecoin oversight and a ban on a Federal Reserve digital dollar.
  • President Trump urged all Republicans on Truth Social to back the motion and warned against any delays in delivering digital-asset reforms.
  • Bitcoin briefly dipped but held near record highs above $120,000 as markets awaited the outcome of the rescheduled vote.