Workflow
House of Representatives passes all three crypto bills
CNBC Televisionยท2025-07-17 20:40

Legislative Developments - The House has passed three crypto bills: market structure, banning central bank digital currency, and stable coins [1] - The stable coin bill is headed to the White House for signing [2] - Strong bipartisan support exists for both the stable coin and market structure bills [4] Industry Influence - The crypto industry spent almost $200 million on lawmakers' campaigns in the 2024 election [3] - The crypto industry has already allocated $141 million for the upcoming midterm elections [3] - The industry's bipartisan approach has yielded positive results in legislative progress [3] Key Focus - The market structure bill is considered key for the crypto industry [4] - The stable coin bill is viewed as a win for the crypto industry [4]