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Three encoded projects in the United States are clear procedural vote after the initial failure


The US House of Representatives has cleared the road for three projects of encryption projects led by Republicans to consider the Chamber after a failed vote on Tuesday.

On Wednesday floor in the House of Representatives, legislators voice 215-211 in favor of a decision to reconsider a package with bills to organize Stablecoins, and to create a encryption market structure and restrict the development of a digital currency of the US Central Bank (CBDC).

The clip can lead to adjustments to bills and voices on the same legislation soon, as part of the Republicans’ plans to pass before the outbreak of the Congress for the August holiday.

Current currencies, politics, government, Congress
On Wednesday, a vote to consider three bills for encryption laws and the defense spending law. source: US House of Representatives

Despite the political pressure of US President Donald Trump, five Republicans did not vote in favor of reviewing the decision. Thirteen Republicans in the House of Representatives caused the failure of voting on Tuesday, where Expresses concerns about the absence of CBDC provisions In the Stablecoin Bill, Directing and Establishing the National Innovation of the American Stablecoins, or the Genius Act.

Many Democrats in the House of Representatives continue to push all three bills without specific amendments to address what they say is conflict of Trump’s interest. Republicans carry a small majority in the room, but they may need some democratic support to pass the legislation – the genius law at the beginning Stroke voting failed In the Senate due to the democratic opposition, although it later passed.

This is a developing story, and more information will be added when available.