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    Home»Bitcoin News»US Crypto Bill: House Shatters Voting Record Over CBDCs and the GENIUS Act
    Bitcoin News

    US Crypto Bill: House Shatters Voting Record Over CBDCs and the GENIUS Act

    FintechFetchBy FintechFetchJuly 17, 2025No Comments4 Mins Read
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    The U.S. House of Representatives just made history for stalling on a crypto bill for over seven hours and 24 minutes, the longest vote in chamber history. Damn, things are getting serious huh?

    At the heart of the standoff was a rule vote on a package of cryptocurrency bills, including the controversial GENIUS Act, and a battle over the federal government’s control over digital money.

    If the bills don’t pass by the end of tomorrow, the crypto bull run is going to take a big hit. Meanwhile, a new crypto presale just broke $3 million raised and is doing gangbusters if these bills pass; let’s get into it below.

    Crypto Bills Collide With GOP Infighting

    Ten Republican holdouts refused to budge on the GENIUS ACT on Wednesday night, despite last-minute pressure from Speaker Mike Johnson, who was working the backrooms to break the rebellion.

    After hours of debates, the GENIUS Act passed, bringing it one step closer to being on President Donald Trump’s desk, who has already said he will make it law.

    The GENIUS Act would make it so that all stablecoins must have a proof of reserve. However, the GENIUS Act is only for stablecoins; the market needs the CLARITY Act to be signed into law to ostensibly spark the mega bull run and give financial institutions the green light to innovate with cryptocurrencies and cryptocurrency products.

    According to the CLARITY Act, only Bitcoin, Ethereum, and Cardano are "likely mature" (meaning decentralized) blockchains. pic.twitter.com/i8tw5jaVT4

    — Cardano YOD₳ (@JaromirTesar) July 15, 2025

    Two of the most high-profile GOP holdouts, Reps. Chip Roy and Marjorie Taylor Greene were joined by House Financial Services Vice Chair Bill Huizenga, whose initial “no” vote sent Republican leadership into emergency mode.

    Behind the scenes, Johnson spent hours negotiating with factions from the House Freedom Caucus, Financial Services Committee, and Agriculture Committee, trying to keep the crypto agenda alive.

    “This is about more than crypto. It’s about whether the House always has to bow to the Senate,” one senior Republican aide told FOX.

    Crypto Week Winner: Bitcoin Hyper Is The Best New Memecoin With Utility

    If you’re looking for a potential winner if the CLARITY ACT is signed into law, Bitcoin HYPER, a Solana-based Bitcoin scaling play, just blew past $3 million in presale. One month in, and it’s already moving faster than half the chains claiming “Layer-2.”

    Its pitch is simple: combine Solana speed with Bitcoin security. Bitcoin Hyper uses a zero-knowledge bridge to lock BTC, spits out a wrapped version, and allow investors to stake, swap, launch tokens, and build apps.

    At $0.012275, it’s still early. But that price ticks up in under seven hours.

    (X)

    The HYPER presale is entering its final stretch at the current price.To lock in this tier, head to the Bitcoin Hyper site, which has payment options via ETH, USDT, BNB, or card.

    HYPER is already spotlighted inside Best Wallet’s ‘Upcoming Tokens’ tab, offering a simplified way to buy and manage tokens. There’s also a 320% APY staking option for those who’d rather stack rewards while the ICO winds down.

    For updates and chaos, the HYPER crowd is live on Telegram and X.

    Join the Utility Wave with BTC Hyper Now

    EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

    DISCOVER: Best Meme Coin ICOs to Invest in  Today

    Join The 99Bitcoins News Discord Here For The Latest Market Updates

    Key Takeaways

    • If the bills don’t pass by the end of tomorrow, the crypto bull run is going to take a big hit.
    • Bitcoin Hyper offers speed, low fees, and actual usability through a Layer 2 system now in presale.

    The post US Crypto Bill: House Shatters Voting Record Over CBDCs and the GENIUS Act appeared first on 99Bitcoins.





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