As it went into Crypto Week on Tuesday, the US House opposed to passing bills with digital assets suddenly stopping over a procedural vote when members of the House Freedom Caucus opposed how some of the legislation has evolved during Senate dominance.
Failed by the procedural vote quickly threw the crypto markets about uncertainty about the good news expected this week, as Parliament has moved towards the passage of two of the industry’s highest priorities. The legislation still has strong, bipartisan support, suggesting that the procedural accident can be overcome as a further vote was scheduled for later Tuesday afternoon. More than a dozen Republicans joined Democrats in voting against the decision.
Two people who are familiar with the case told Coindesk another vote aimed at 17:00, which means this disturbance could be resolved without delaying the more important voices currently expected on Wednesday and Thursday.
US President Donald Trump called on Republicans to vote for the rule earlier Tuesday in a speech on truth social and said passing genius would help keep the United States ahead of other countries in crypto development.
Bitcoin
and ether (Eth) Each knee pressure lower by approx. 0.5% on the news, but both have received most of these falls. High -flying stableecoin issuing circle (CRCL) has moved to its session low, down 5.3% down on the day. The share remains higher of about six times since its IPOs last month.
Procedural disturbances can be the norm in the legislative process. As the genius act went against passage in the Senate, a group of Democrats threw the breaks to object to certain provisions and force more discussion. It is uncertain whether a similar delay could be forced by unhappy Republicans on this week’s bills.
