Crypto Chaos Unleashed: Why the GENIUS Act’s Sudden Block in the House Could Shatter Markets and Change Everything!

Crypto Chaos Unleashed: Why the GENIUS Act’s Sudden Block in the House Could Shatter Markets and Change Everything!

Key Takeaways

House Republicans blocked a procedural vote to consider two crypto bills on the House floor, dealing a setback to pro-crypto President Trump and the GOP’s efforts. 


It’s crypto week in Washington, but things are already off to a rocky start. House conservatives tanked a procedural floor vote on the afternoon of the 15th of July.

The vote was to advance the three crypto bills, as well as the 2026 Defense spending measure. The final vote was 196-223, with Democrats and GOP hardliners voting against advancing the legislation.

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