July 16, 2025
'Crypto Week' Hits A Roadblock As Freedom Caucus Objects On Procedural Votes thumbnail
Business

‘Crypto Week’ Hits A Roadblock As Freedom Caucus Objects On Procedural Votes

While Crypto Markets immediatally Sank on the News That House Had Failed to Advance It Plans Plans for Digital Asset Legislation, Prices Recovered Quickly.”, – WRITE: www.coindesk.com

‘Crypto Week’ Hits A Roadblock As Freedom Caucus Objects On Procedural VotesWhile Crypto Markets immediatally Sank on the News That House Had Failed to Advance It Plans Plans for Digital Asset Legislation, Prices Recovered Quickly.Updated Jul 15, 2025, 7:57 PM Publissed Jul 15, 2025, 7:11 pm

As it Sped Into Crypto Week on Tuesday, The Us House’s Process Toward Passing Digital Assets Bills Ground to a Sudden Halt Over a The Procedural Vote As Members of The House Freed. Legislation has devloped under success dominance.

JWP-Player-Placeholder

The Misfire on the Procedural Vote Quickly Slammed the Crypto Markets Overainty About the Good News Expert this Week As the House Has Has Moved Tovard Passage of The Legislation Still Has Strong, Bipartisan Support, Suggesting The ProCedural Mishap May Be Overcome As A Further Pote Was Schelyled for Later Tuesday Afternoon. More Than A Dozen Republicans Joeded Democrats in voteing against the motion.

Two People Familiar with The Matter Told Coindesk Another votehr have been aimed for 5:00 pm et, meaning this disruption could be resolved without delay Thursday.

US President Donald Trude Urged Republicans to vote in Favor of the Rule Earlier Tuesday in a Post on Truth Social, Saying Passing Genius Wuldd Help Kepto.

Bitcoin

and Eth

(Eth)

Each Knee-Jerked Lower by About 0.5% on the News, But Both Have Recovered Most of Those Declines. High-Flying Stablecoin Issuer Circle

(CRCl)

HAS MOVED TO ITS SESION LOW, DOWN 5.3% ON THE DAY. The Stock Remains Higher by Roughly Six-Fold Since ITS IPO LAST MONT.

Procedural Disruptions Can Be Norm in the Legislative Process. As the genius Act Headed Toward Passage in the Senate, A Group of Democrats Slammed The Breaks to Object to Certain Provisions and Force More Discussion. It’s Uncertain Wheth A Similar Delay Could Be Forced by Unhappy Republicans on this Week’s Bills.

Jesse Hamilton

Jesse Hamilton is Coindesk’s DEPUTY Managing Editor On the Global Policy and Regulation Team, Based in Washington, DC Before Joinga Coindesk in 2022, He Worked For More Thon. News and Businessweek, Writing About the Early Whisperings Among Federal Agencies Trying to Decide What to Do About Crypto. He’s Won Several National Honors in His Reporting Career, Including from His Time As A War Correspondent in Iraq and As A Police Reporter for Newspapers. Jesse is a graduate of Western Washington University, WHERE HE STUDIED Journalism and History. He have no crypto holdings.

X Icon

Jesse Hamilton

Stephen Alpher

Stephen Is Coindesk’s Managing Editor for Markets. HE PREVIUSLY Served As Managing Editor at Se timesing Alpha. A Native of Suburban Washington, DC, Stephen Went to the University of Pennsylvania’s Wharton School, Majoring in Finance. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.

X Icon

Coindesk News Image

Nikhilesh de

Nikhilsh de is Coindesk’s Managing Editor for Global Policy and Regulation, Covering Regulators, Lawmakers and Institutions. HE OWNS

Related posts

Coinbase was accused of an information attack on binance

unian ua

Aave Surges As Deposits Hit $ 50b; Poured to Benefit from US Crypto Regulation

unian ua

Bank of England Flags Global Debt Pressures Despite Market Stabilization

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More