BREAKING: US House Passes GENIUS Bill, Will Now Go To President Trump

By Anthony • July 17, 2025 3:59 pm • Comments

After a slow start to Crypto Week, U.S. lawmakers are finally starting to get the ball rolling.

The U.S. House of Representatives passed the GENIUS bill on Thursday, which will provide a regulatory framework for stablecoins.

The move by lawmakers marks a monumental moment for the crypto industry, which has been pushing for a framework for years.

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President Trump is expected to sign the bill into law at any time.

The Hill reported on the vote more in-depth:

The House on Thursday passed a bill setting up a regulatory framework for payment stablecoins, sending the cryptocurrency bill to President Trump’s desk and marking a major win for the industry.

Lawmakers voted 308-122 to pass the GENIUS Act following a tumultuous “crypto week” in the chamber that saw competing GOP factions bring the House floor to a standstill for two days.

Twelve Republicans voted against the measure while 102 Democrats voted “yes.”

The bill regulating dollar-backed digital tokens now heads to Trump’s desk, where he has indicated he is eager to sign it.

The legislation’s future appeared in jeopardy less than 24 hours earlier.

A group of hard-line Republicans tanked a procedural vote on a trio of crypto bills Tuesday, freezing the floor.

Trump struck a deal to secure their support the next day, but several holdouts remained on Wednesday, as the House attempted once again to adopt a rule governing debate on the bills.

Rep. Marjorie Taylor Greene was not a fan of the bill.

Take a look:

Full text:

Remember when Canada froze the truckers (Freedom Convoy) bank accounts and crypto when they protested against vaccine mandates?

Canada NOT China.

Congress is passing a bill today (GENIUS Act) that that opens the back door to a central bank digital currency (CBDC).

The Fed has been working on this for years.

The ultimate goal is to move us to a cashless society and digital currency.

House Republicans want a ban on CBDC but the Senate says they don’t have enough votes to pass a ban on CBDC!

Johnson refused to allow us to make amendments to the bill and says he will put the ban on CBDC in the NDAA.

BUT IF IT WON’T PASS NOW, IT WON’T PASS THEN!!!!!

So why are we passing bills to lay the groundwork for a CBDC that can be used against us in the future by another authoritarian regime?????

We saw what a politically weaponized government looked like the past 4 years, just wait until we get another one that can TURN OFF YOUR BANK ACCOUNT AND STOP YOUR ABILITY TO BUY AND SELL!!!!!

I’M VOTING NO!!!!!

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