US Crypto Legislation: House Breaks Voting Database Concerning CBDCs and the GENIUS Act

The U.S. House of Representatives has just made history by delaying a crypto bill for more than seven hours and 24 minutes, marking the longest vote in the chamber’s history. Wow, this is getting intense, isn’t it?

Central to the impasse was a voting rule on a bundle of cryptocurrency bills, featuring the contentious GENIUS Act, and a disagreement regarding the federal government’s authority over crypto asset.

Should the bills fail to pass by the end of tomorrow, the crypto bull market might experience a significant downturn. On the flip side, a new crypto presale has just crossed $3 million in funding and is thriving if these bills go through; let’s dive into the details below.

Crypto Bills Clash Amid GOP Divide

On Wednesday night, ten Republican dissenters stood firm against the GENIUS ACT, despite last-minute persuasion attempts from Speaker Mike Johnson, who was maneuvering behind the scenes to quell the insurrection.

After extensive discussions, the GENIUS Act was approved, moving it a step closer to President Donald Trump’s desk, who has already expressed intent to enact it.

The GENIUS Act mandates that all stablecoins must possess a proof of reserve. However, this act only pertains to stablecoins; the crypto market requires the CLARITY Act to be enacted to truly ignite the mega price surge and allow financial institutions to innovate with cryptocurrencies and related products.

According to the CLARITY Act, only BTC, Ethereum, and Cardano are “likely mature” (meaning decentralized) blockchains. pic.twitter.com/i8tw5jaVT4

— Cardano YOD₳ (@JaromirTesar) July 15, 2025

Among the most prominent Republican dissenters, Reps. Chip Roy and Marjorie Taylor Greene were accompanied by House Financial Services Vice Chair Bill Huizenga, whose initial “no” vote caused Republican leadership to spring into action.

Behind the scenes, Johnson invested hours negotiating with factions from the House Freedom Caucus, the Financial Services Committee, and the Agriculture Committee, striving to keep the crypto agenda intact.

“This discussion extends beyond crypto. It’s about whether the House will consistently yield to the Senate,” a senior Republican aide stated to FOX.

Crypto Week Champion: BTC Hyper Emerges as the Premier New Memecoin With Utility

If you’re scouting a potential victor if the CLARITY ACT gets signed, BTC HYPER, a BTC scaling initiative on Solana, has just surpassed $3 million in presale. After one month, it’s already outpacing many chains claiming to be “Layer-2.”

Its proposition is straightforward: merge Solana’s speed with Bitcoin’s security. BTC Hyper utilizes a zero-knowledge bridge to secure Bitcoin, producing a wrapped version, allowing investors to stake, swap, launch tokens, and develop applications.

At $0.012275, the opportunity is still in its early stages. However, that price is anticipated to rise in under seven hours.

The HYPER presale is now entering its concluding phase at the current price. To secure this tier, navigate to the BTC Hyper site, which supports payments via ETH, USDT, BNB, or card.

HYPER is already highlighted within Best Wallet’s ‘Upcoming Tokens’ section, providing a streamlined method to buy and manage tokens. Additionally, there’s a 320% APY staking option available for those who prefer to accumulate rewards while the ICO wraps up.

For real-time updates and discussions, the HYPER community is active on Telegram and X.

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The article US Crypto Bill: House Shatters Voting Record Over CBDCs and the GENIUS Act first appeared on 99Bitcoins.