The U.S. House of Representatives failed to pass the cryptocurrency bill in a procedural vote; a second vote will take place at 5:00.

BlockBeats News, July 16th, according to Fox News, the U.S. House of Representatives plans to attempt another vote on the procedural rules for cryptocurrency-related bills around 5:00 PM ET (5:00 AM Beijing Time).

The President is "angry" and is in communication with those lawmakers who are blocking the cryptocurrency bills from entering the House of Representatives. Earlier reports indicated that the House failed to pass a procedural vote on cryptocurrency-related bills. (Golden Finance)