Trump, cryptocurrency and GOP
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The step forward came after several Republican holdouts ultimately flipped their votes after receiving assurances from GOP House leaders that one of the measures -- a bill to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) -- would be attached to the must-pass National Defense Authorization Act.
House Republicans cleared a key procedural hurdle Wednesday night to unlock consideration of a trio of cryptocurrency bills, unfreezing the floor after a two-day saga. The chamber adopted a rule
WLFI also announced on social media Wednesday that investors in its token voted to make the crypto tradable on public exchanges. Sludge reported that "the decision could boost the token's price and directly benefit President Trump and his family, who hold billions of the tokens and have already reaped hundreds of millions from its early sales."
The House is set to vote on a series of high-stakes bills backed by the cryptocurrency industry, after top Republicans brokered a deal with a group of dissenters in their ranks.
Technology Technology The Big Story Crypto bills stall amid GOP infighting The House floor was locked at a standstill Wednesday afternoon as a diverse array of House
The House has passed a tranche of landmark cryptocurrency bills, including legislation expected to be the first major crypto regulatory measure ever signed into law. The House voted on Thursday to pass the Digital Asset Market Clarity Act,