Congress Fumbles GENIUS Act and CBDC Bills; What Went Wrong?

The post Congress Fumbles GENIUS Act and CBDC Bills; What Went Wrong? appeared first on Coinpedia Fintech News

The Congress has turned into a political showpiece on Tuesday, July 15, after 12 Republicans failed a procedural vote on several crypto-related legislation. What had begun as a positive crypto week for President Donald Trump has turned sour after the Congress signaled different interpretations of certain clauses, especially in the Genius Act, which have been …