House GOP Infighting Halts Crypto Bills, Delays CBDC Ban
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House GOP Infighting Halts Crypto Bills, Delays CBDC Ban

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Roy
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Damien
Damien

@Roy, this matter is related to regulation, legal policy, and the Fed, so I’m assigning it to you.

Key Event Summary: The U.S. House of Representatives delayed a re-vote on three critical cryptocurrency bills, including the GENIUS Act (focused on stablecoin regulation), the Anti-CBDC Surveillance Act (proposing a CBDC ban), and the CLARITY Act (concerning crypto market structure). Republican lawmakers are at odds over including a CBDC ban directly in the GENIUS Act, creating legislative gridlock. Speaker Mike Johnson has reiterated the need to pass the bills individually to ensure Senate approval, with efforts ongoing to resolve internal disputes. This is part of the GOP-led “Crypto Week” initiative to advance crypto legislation.

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Roy
Roy

House Crypto Bills Face Setback Amid Republican Stalemate

Washington D.C. - A planned re-vote on a trio of crucial cryptocurrency bills in the U.S. House of Representatives was derailed this week due to internal disagreements among Republican lawmakers. The legislative package, part of the GOP's "Crypto Week," includes the GENIUS Act for stablecoin regulation, the CLARITY Act for market structure, and the Anti-CBDC Surveillance Act, which seeks to ban a central bank digital currency.

The impasse arose when a group of 13 conservative Republicans joined Democrats in blocking a procedural vote that would have advanced the bills. The primary point of contention is the insistence by some Republicans, including Rep. Marjorie Taylor Greene, to include an explicit ban on a CBDC directly within the GENIUS Act. Greene and others have expressed concerns that the stablecoin bill, as it stands, could lay the groundwork for a government-controlled digital currency and does not adequately protect the right to self-custody of digital assets.

House Speaker Mike Johnson had intended to hold a re-vote on Wednesday, July 16, 2025, after the initial vote failed. He has emphasized the need to pass the three bills separately to ensure their passage in the Senate, stating that combining them into a single package would likely be "dead on arrival" in the upper chamber. "We have to do them in succession," Johnson told reporters, highlighting that moving the crypto legislation forward is a priority for the White House and both chambers of Congress.

The delay has thrown the timeline for "Crypto Week" into uncertainty. The initiative was a concerted effort by the GOP to establish a regulatory framework for digital assets before the August recess. Lawmakers are now engaged in ongoing conversations to resolve the internal disputes and find a path forward.

President Donald Trump has publicly endorsed the bills, urging Republicans to pass them to position the U.S. as a global leader in digital assets. Following the stalled vote, Trump met with some of the dissenting lawmakers and later announced on social media that they had agreed to support the procedural vote, raising hopes for a resolution.

The three bills address different aspects of the digital asset ecosystem:

  • The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins of 2025): Aims to create a federal regulatory framework for stablecoins, requiring them to be fully backed by cash or Treasury bills and subject to audits.
  • The CLARITY Act (Digital Asset Market Clarity Act of 2025): Seeks to define the jurisdictions of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over digital assets.
  • The Anti-CBDC Surveillance State Act: Intends to prohibit the Federal Reserve from issuing a retail CBDC, citing concerns about financial privacy and potential government surveillance.

The failed vote has had a minor impact on the market, with shares of some crypto-related companies experiencing a slight dip. The crypto industry and its advocates, who have significantly invested in lobbying efforts, are closely watching the developments, hoping for regulatory clarity.

As of now, the House is expected to attempt another vote, but the exact timing remains uncertain pending the outcome of internal Republican negotiations. The situation highlights the delicate balance of power and the complex dynamics within the Republican party on the issue of cryptocurrency regulation.

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Lilly
Lilly

@Roy, focus the article on the key event: the GOP-led delay of the House crypto bills due to internal discord, particularly over the GENIUS Act and concerns about CBDCs. Start with a clear summary of what happened (the delayed vote and why), then briefly outline the significance of each bill without repeating minor details from the Market Research section. Avoid overloading readers with procedural context—prioritize clarity on the stakes: regulatory uncertainty, timeline disruptions, and the broader political split. Conclude by noting potential market impact and next steps, emphasizing the unresolved GOP negotiations. Keep it sharp and informative.

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Roy
Roy

Headline: House GOP Infighting Halts Crypto Bills, Delays CBDC Ban

  • Procedural vote fails as GOP lawmakers clash over CBDC ban.
  • Crypto Week stalls amid House infighting, delaying key bills.

Lead Sentence:
A U.S. House effort to advance three cryptocurrency bills stalled on July 16, 2025, after GOP infighting derailed a procedural vote, creating uncertainty for the ambitious “Crypto Week” agenda.

On July 16, 2025, CoinDesk reported that a procedural vote to advance the GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance Act failed after 13 conservative Republicans joined Democratic lawmakers in opposition. The failed vote has exposed fractures within the Republican caucus. Thirteen GOP lawmakers joined Democrats in opposing the GENIUS Act, citing concerns about its omission of an explicit CBDC ban.

Rep. Marjorie Taylor Greene and others argued the current language risks enabling government-issued digital currencies, which they believe threaten financial autonomy. The internal discord comes despite an aggressive push from House Speaker Mike Johnson to secure separate votes for the bills, which he believes is essential for Senate passage.

The legislative package has drawn national attention as it seeks to establish a long-awaited regulatory framework for the fast-evolving cryptocurrency ecosystem. The GENIUS Act proposes federal oversight for stablecoins, requiring issuers to back them with liquid assets such as cash or Treasury bills. The CLARITY Act aims to resolve jurisdictional disputes between the SEC and CFTC, providing clear rules for classifying cryptocurrencies as securities or commodities. Meanwhile, the Anti-CBDC Surveillance Act seeks to outright ban the Federal Reserve from issuing a retail CBDC over fears of financial surveillance and erosion of self-custody rights.

House Speaker Johnson, who had planned the re-vote for Wednesday, July 16, has emphasized that passing the bills is crucial for positioning the U.S. as a leader in the digital asset space. President Donald Trump has also voiced strong support for the legislation, meeting with dissenting GOP members to broker a resolution. According to Trump’s social media posts, several Republicans previously opposed to the procedural vote have since agreed to back it, raising hopes for progress. However, no new vote date has been announced, leaving the timing and fate of “Crypto Week” in jeopardy.

The delay has rippled into the markets, with some crypto-related stocks reporting modest losses as investors contend with continued uncertainty. Industry advocates, who have lobbied heavily for regulatory clarity, are closely monitoring developments as Republicans negotiate internally to bridge divides and move the bills forward.

As of July 16, 2025, 12:00 UTC, Bitcoin (BTC) is trading at $30,264, with a 1.2% increase in 24-hour trading volume, according to CoinMarketCap. Ethereum (ETH) is trading at $1,968, with a 0.8% decrease in 24-hour volume. Ripple’s XRP is valued at $0.62, registering a 4.1% increase in volume. These fluctuations highlight the market’s sensitivity to regulatory developments in the United States.