Houses Passes Key Procedural Vote To Advance Trump-Backed Crypto Bills

July 16, 2025 6:06 pm Comments

Now the ball is starting to roll!

On Tuesday, the House failed to pass a procedural vote on a Trump-backed crypto bill.

Now, the House has reversed course and passed a procedural vote that will allow for the GENIUS Act to be voted on by the House.

The House all voted in favor for the Clarity Act and a bill that would block the Federal Reserve from issuing a CBDC, to be later voted on by lawmakers.

The Block provided more on what the procedural vote means and gave more insight on the GENIUS Act:

U.S. House lawmakers are back on track to push forward with landmark cryptocurrency legislation after a previous routine vote turned tumultuous earlier in the week.

The U.S. House of Representatives voted 215 to 211 on Wednesday to move forward and later take a vote on the Guiding and Establishing National Innovation for U.S. Stablecoins (also known as the GENIUS bill), which would create a regulatory framework for stablecoins and could be slated to head to President Donald Trump’s desk before the end of the week.

Lawmakers also voted to proceed with the Digital Asset Market Clarity Act, or Clarity for short, that takes a whole-of-crypto approach and would create a clear regulatory framework for crypto in part through designating how the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission will regulate. They also agreed to later vote on a bill to block the Federal Reserve from issuing a central bank digital currency directly to individuals. A CBDC is a digital form of fiat money, directly issued and regulated by the central bank of a country.

No Democrats voted yes to move forward with the bills.

On Tuesday, House lawmakers voted 196 to 223 against moving forward with voting on three bills scheduled for this week. Republicans had called this week “Crypto Week” with a mission to pass all three bills out of the House.

Coin Speaker reported more on the House’s recent procedure passing:

On Wednesday, July 16, the US House of Representatives voted 215–211 to pass a procedural motion to consider key crypto legislation. The vote had initially failed on Tuesday after 13 Republicans voted against it, citing concerns that the GENIUS Act did not explicitly prohibit a US central bank digital currency (CBDC).

Following the failed vote, President Donald Trump met privately with the Republican holdouts on Tuesday night at the White House, leading to a swing in position from several lawmakers.

According to a Decrypt report, Rep. Marjorie Taylor Greene , who had earlier reiterated her opposition, was seen speaking with House Speaker Mike Johnson (R-LA). Greene then voted “yes” on the motion, with other members of the House Freedom Caucus also switching their votes.

Rep. Anna Paulina Luna, one of the 13 Republicans who initially opposed the motion, also publicly confirmed the group had reached an agreement following their meeting with Trump. In a statement, Luna said the deal ensures “CBDC is never allowed in the US.”
Crypto Week Resumes as GENIUS and CLARITY Acts Advance
With Crypto Week back on track, the GENIUS Act, CLARITY Act, and an anti-CBDC bill are now cleared for final debate and voting on the House floor.

The GENIUS Act proposes a federal regulatory framework for stablecoins. The CLARITY Act outlines how crypto assets are to be classified as either securities or commodities. The third bill formally bans the Federal Reserve and other agencies from developing or issuing a CBDC. These pending crypto bills must pass the full House before moving on to the Senate for consideration.

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