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Source: Insider Source: Insider

BlockBeats News, July 18th, Crypto journalist Eleanor Terrett revealed in a post, "A Democratic House member who has been helping garner support for cryptocurrency legislation just told me that if all goes well, it is expected that around 35 Democrats will support the 'CLARITY Act,' with the bill expected to be first voted on around 4 p.m. this afternoon.


He said, "The 'GENIUS Act' may see 70 to 80 Democratic members casting affirmative votes."

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During the GENIUS Act legislative process, lawmakers from both parties engaged in a key game of chess on the stablecoin issue, with debate focusing on the possibility of tech giants issuing stablecoins, the business relationship between President Trump and the crypto industry, and the shortcomings of the bill in terms of anti-money laundering, among other aspects.
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