{"id":37157,"date":"2025-07-16T06:47:11","date_gmt":"2025-07-16T06:47:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37157"},"modified":"2025-07-16T06:47:11","modified_gmt":"2025-07-16T06:47:11","slug":"crypto-week-stalls-out-as-house-vote-fails","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37157","title":{"rendered":"Crypto Week Stalls Out as House Vote Fails"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">What was meant to be a big legislative moment for crypto policy ran into a wall on Tuesday. Three major digital asset bills got stopped cold in the House after a group of 13 Republicans broke ranks and joined Democrats to block a key procedural vote. <\/span><span data-preserver-spaces=\"true\">That vote was needed to move forward with debate and final approval. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The bills included the <a class=\"general-link\" href=\"https:\/\/www.congress.gov\/bill\/119th-congress\/senate-bill\/394\/text\" target=\"_blank\" rel=\"nofollow noopener\">GENIUS Act<\/a> for stablecoin rules, a bill on market structure, and one aimed at blocking a government-backed digital dollar.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Why the Package Collapsed<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The main sticking point <\/span><span data-preserver-spaces=\"true\">came down to<\/span><span data-preserver-spaces=\"true\"> how the bills would be handled. Some Republicans pushed for all three to be combined into one package, which would have triggered a longer process involving the Senate. House leadership, backed by Trump, wanted individual votes to fast-track passage. That split caused the vote to fail 196 to 223. With that, the day\u2019s crypto momentum ground to a halt.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f986.png\" alt=\"\ud83e\udd86\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> CRYPTO WEEK UPDATE <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f986.png\" alt=\"\ud83e\udd86\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$BTC<\/a> cools to $117K after $123K high \u2014 but the real moves are deeper:<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f3db.png\" alt=\"\ud83c\udfdb\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> US Crypto Bills BLOCKED<\/p>\n<p>GENIUS Act (stablecoins) &amp; CLARITY Act (SEC vs. CFTC)<\/p>\n<p>House GOP stalls vote\u2026 for now<\/p>\n<p>Institutional momentum paused, not dead<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f3e6.png\" alt=\"\ud83c\udfe6\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Standard Chartered Goes\u2026<\/p>\n<p>\u2014 DuckMarketCap (@DuckMarketCap) <a href=\"https:\/\/twitter.com\/DuckMarketCap\/status\/1945313351568879818?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">July 16, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span data-preserver-spaces=\"true\">Trump Tries to Rally Support<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Trump has been vocal about making the US a leader in digital assets and threw his support behind the legislation. After the vote failed, he brought lawmakers to the White House to regroup. Later, he posted that <\/span><span data-preserver-spaces=\"true\">11<\/span><span data-preserver-spaces=\"true\"> of the 12 holdout Republicans had agreed to move forward with a new vote the next day. Whether that happens remains to be seen.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Crypto Markets React to Uncertainty<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">For the industry, this isn\u2019t just a political scuffle. The GENIUS Act would introduce rules for reserve backing and transparency that many stablecoin issuers have asked for. When the vote failed, markets didn\u2019t like the uncertainty. <\/span><span data-preserver-spaces=\"true\">Shares of crypto firms <\/span><span data-preserver-spaces=\"true\">like<\/span><span data-preserver-spaces=\"true\"> Coinbase and Circle dropped by about 4 percent before stabilizing.<\/span><span data-preserver-spaces=\"true\"> Bitcoin also dipped before recovering some ground.<\/span><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-btc\" data-coin-symbol=\"btc\" data-price-usd=\"BTC Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Bitcoin<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">BTC<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$2.34T<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-6877496d02224\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<h2><span data-preserver-spaces=\"true\">Fractures in the Republican Ranks<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">This episode exposed real tension inside the GOP. Some lawmakers want to move quickly on digital asset policy, while others are more hesitant or want broader negotiations. Even with Trump\u2019s backing, the internal disagreement was enough to stall the entire effort. It\u2019s a reminder that party unity does not always guarantee results.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Can the Bills Be Revived?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">House leadership says they are not done. There may be another attempt this week, or they could try again after the next recess. Staff on both sides of the Capitol are likely already working on new angles. But time is tight, and the longer this drags out, the more uncertain the outlook becomes for crypto regulation in 2025.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">It\u2019s Not Over Yet: What the Delay Means<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">This isn\u2019t just about three bills. It\u2019s about whether Washington can provide clarity on stablecoins, market infrastructure, and future digital currency efforts. Other countries are moving forward with their own <\/span><span data-preserver-spaces=\"true\">frameworks. <\/span><span data-preserver-spaces=\"true\">If the US falls too far behind, the impact could <\/span><span data-preserver-spaces=\"true\">stretch<\/span><span data-preserver-spaces=\"true\"> beyond policy <\/span><span data-preserver-spaces=\"true\">and into<\/span><span data-preserver-spaces=\"true\"> innovation and investment.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Crypto Week may have stalled, but it is far from over. <\/span><span data-preserver-spaces=\"true\">The next few days will <\/span><span data-preserver-spaces=\"true\">show<\/span><span data-preserver-spaces=\"true\"> whether lawmakers can <\/span><span data-preserver-spaces=\"true\">pull<\/span><span data-preserver-spaces=\"true\"> together and deliver something concrete or whether this becomes another <\/span><span data-preserver-spaces=\"true\">case<\/span><span data-preserver-spaces=\"true\"> of political promises <\/span><span data-preserver-spaces=\"true\">running into<\/span><span data-preserver-spaces=\"true\"> reality.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n            <\/ul>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Crypto Week hit a wall after the House failed to pass a key procedural vote, blocking three major digital asset bills from moving forward.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The vote collapsed due to internal GOP disagreements over whether to fast-track individual bills or bundle them into one larger package.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Trump backed the legislation and tried to rally support after the vote failed, but it\u2019s unclear if a new vote will happen this week.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The market reacted to the uncertainty, with stocks like Coinbase and Circle falling around 4 percent and Bitcoin briefly dipping.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n            <\/li>\n<p>    Lawmakers say they\u2019re not giving up, but the delay adds more uncertainty to U.S. crypto regulation heading into 2025.    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">[\/key_takeaways_list]<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">[\/key_takeaways]<\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/legal\/crypto-week-vote-fails-in-house-after-gop-split\/\">Crypto Week Stalls Out as House Vote Fails<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What was meant to be a big legislative moment for crypto policy ran into a wall on Tuesday. Three major digital asset bills got stopped cold in the House after a group of 13 Republicans broke ranks and joined Democrats to block a key procedural vote. That vote was needed to move forward with debate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37157","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37157"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37157\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}