Trump-Backed Crypto Bills Fail House Vote, 13 GOP Members Join Democrats

About Trump-Backed Crypto Bills Fail House Vote, 13 GOP Members Join Democrats

Several Trump-backed cryptocurrency bills failed to pass a key House procedural vote during Crypto Week, stalling progress in digital asset legislation. Thirteen Republicans joined Democrats in voting against the rule needed to advance the bills, including the GENIUS Act, which aims to regulate stablecoins. President Trump promoted the bill as essential for US leadership in digital assets, urging Republicans to support it. The vote reflects disagreements over cryptocurrency regulation and congressional priorities.