Crypto Week Chaos: House GOP Stalls Key Digital Asset Bills

The U. S. House of Representatives failed to bring three cryptocurrency bills, including the GENIUS Act, forward during "Crypto Week" owing to a procedural vote blocked by a gag of conservative Republicans. The Digital Asset Market Clarity Act and the Anti-CBDC Surveillance State Act are among the stalled measures. This setback came notwithstanding President Trump's endorsement and public demand for their passage .

Internal GOP disagreements caused the collapse; some Republicans wanted the measures to be grouped into a single package while others sought a more rigorous restriction on central bank digital currencies (CBDCs) inside the GENIUS Act. Previously supported in the Senate by members across party lines, the GENIUS Act establishes a regulatory framework for U. S. dollar-backed stablecoins. Although considerable obstacles remain, particularly regarding the CBDC issue, House leaders is now working to revise the package.

Doubts about the future of U. S. digital asset regulation brought on by the stalled bill caused a sharp fall in the stock of crypto companies. According to the table you sent, the GENIUS Act is stalled owing to the need of a combined package and the absence of a clear CBDC ban; the Digital Asset Market Clarity Act is halted because of package/debate concerns; and the Anti-CBDC Surveillance State Act is stymied owing the desire for a combined package. A re-vote may be scheduled shortly, but the bill faces losing the current legislative window.