GENIUS Act Halted by House GOP Rebellion Amidst Crypto Week

The GENIUS Act, a major tech bill focused on innovation and crypto regulation, just hit a wall in the U.S. House. On July 15, the vote was unexpectedly delayed after a group of House Republicans pulled their support. It was a surprising twist, especially since the bill had strong bipartisan backing and was expected to pass easily during what many were calling “Crypto Week” on Capitol Hill.