US House Advances Landmark Crypto Legislation

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Source: Politico
TL;DR Summary

The House of Representatives overwhelmingly passed historic cryptocurrency legislation, including the GENIUS Act and the CLARITY Act, signaling a major bipartisan push to regulate digital assets, despite opposition from some Democrats concerned about financial stability and ethics issues related to President Trump. The bills now await Trump's signature, marking a significant victory for the crypto industry and its political influence.

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