GOP Rep. French Hill Drops Bombshell: GENIUS, CLARITY, and Anti-CBDC Bills Poised to Shake Up the Financial World—Are You Ready?

GOP Rep. French Hill Drops Bombshell: GENIUS, CLARITY, and Anti-CBDC Bills Poised to Shake Up the Financial World—Are You Ready?

Key Takeaways

  • Three major crypto-related bills, including the GENIUS, CLARITY, and Anti-CBDC acts, have enough votes to advance in the House, according to Rep. French Hill.
  • The GENIUS Act would establish federal regulation for dollar-backed stablecoins used in blockchain payments.
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French Hill, Chair of the House Financial Services Committee, expressed confidence that the GENIUS Act, CLARITY Act, and Anti-CBDC bill have the votes needed to advance in the House.

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