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07/18 01:36

Crypto Week’ saved? House passes key bills after C

Crypto Week’ saved? House passes key bills after CBDC deal with TrumpCrypto legislation was on the verge of collapse, until a controversial compromise turned the tide. But at what cost?Crypto-bills-revives-768x432.webp

After intense negotiations, House Republicans advanced key crypto bills by separating the CBDC ban into a defense package, with President Trump’s approval. 

Just when the crypto industry was reeling from a disheartening crypto week in Washington, a surprising political pivot has reignited hope.

According to Politico, less than 24 hours after conservative Republicans derailed efforts to push forward key crypto-related bills, a sudden reversal. It was sparked by a late-night meeting with President Donald Trump and eleventh-hour negotiations, has brought fresh momentum.

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