{"content":"Trump Moves to Unblock Crypto Bills — GENIUS Act Heads to House On Wednesday, Donald Trump declared that 11 of 12 House lawmakers support the GENIUS Act. The stablecoin regulatory framework GENIUS Act might be voted on Wednesday. The House rejected a procedural move to discuss seven crypto-related proposals 196-222 on Tuesday. President Donald Trump revives crypto legislation in the US House of Representatives. Trump said Wednesday that 11 of 12 House lawmakers support the GENIUS ACT. This law permits stablecoins to be regulated, and it comes after the House voted 196–222 against it on Tuesday, blocking a larger crypto legislation package. Full GENIUS Act voting may begin Wednesday. Trump reinstates crypto restrictions On Wednesday, Donald Trump declared on Truth Social that the House of Representatives would adopt the GENIUS Act during “Crypto Week.” Trump tweeted, “I am in the Oval Office with 11 of the 12 Congressmen/women necessary to pass the GENIUS Act and, after a short discussion, they have all agreed to vote tomorrow morning in favor of the Rule.” Speaker of the House Mike Johnson attended the meeting by phone and wants to vote soon. I appreciate Congressmen/women's prompt and enthusiastic response.” On Tuesday, parliamentarians failed to approve a procedural resolution to forward Genius, CLARITY, and Anti-CBDC for consideration. The measure failed 196 to 223 when numerous Republicans and Democrats opposed it. In June, the US Senate enacted the GENIUS Act to regulate stablecoin issuers and provide a legal framework to legitimize and promote their use. In “Crypto Week,” House members will consider the GENIUS Act, CLARITY measure, and Anti-CBDC Surveillance State Act, raising hopes that crypto rules may reach President Trump before the August break. #CPIWatch #AltcoinSeasonLoading #USCryptoWeek #ETHBreaks3k #TRUMP $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/16/b2498fbe159b457286ce37d9c4ab2fe8.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}