The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.

“Around the world, payment systems are undergoing a revolution,” said House Financial Services Chair French Hill of Arkansas as lawmakers debated the stablecoin legislation Thursday morning. Hill said the bill will “ensure American competitiveness and strong guardrails for our consumers.”

The measure, which passed the U.S. House with broad bipartisan support after clearing the Senate, is now on track to become law. President Trump lobbied Republicans to support it.

On Tuesday, the U.S. Senate passed the Genius Act, a bill that aims to set clear guidelines for stablecoin issuers and address some critical needs of the digital assets industry, teeing up a vote ...

House conservatives tanked a procedural floor vote Tuesday afternoon to advance a trio of cryptocurrency bills and the fiscal 2026 Defense spending measure, throwing the fate of multiple Republican legislative priorities into limbo.

Three cryptocurrency bills and the Defense spending bill appeared ready for House floor action after stalling out for much of Tuesday.