Group 1 - The failure of key procedural votes in the House of Representatives for cryptocurrency regulation bills represents a significant setback for the entire crypto industry, which was widely expecting these bills to pass smoothly [1][2] - The three shelved bills include the GENIUS Act, aimed at establishing a federal regulatory framework for stablecoins, and the CLARITY Act, which seeks to define whether crypto assets are securities or commodities [2][3] - The opposition to the bills highlights divisions within the Republican Party, with some members expressing concerns over the inclusion of provisions related to Central Bank Digital Currency (CBDC) [2][3] Group 2 - Circle, the issuer of the USDC stablecoin, holds approximately 24% of the global dollar-pegged stablecoin market, and the proposed legislation was seen as a crucial step towards mainstreaming stablecoins and enhancing regulatory clarity in the U.S. digital asset space [3] - The crypto industry has invested over $245 million in lobbying and political donations in 2024 to support pro-crypto congressional candidates, indicating a strong push for favorable regulations [3] - The U.S. stablecoin market is projected to grow from several hundred billion dollars to over $2 trillion if the GENIUS Act is passed, according to the U.S. Treasury Secretary [3]
“加密周”遇冷！多项加密货币法案遭众议院否决 Circle(CRCL.US)一度跌超7%