The U.S. House of Representatives voted on procedural rules, and the Crypto Assets bill is expected to be voted on tomorrow.

[The U.S. House of Representatives passes procedural rule vote, Crypto Assets bill expected to be voted on tomorrow] According to reporter Eleanor Terrett, the U.S. House of Representatives passed the procedural rule vote with a narrow margin of 217-212, paving the way for the voting on key bills such as Crypto Assets and defense spending. The voting lasted nearly 10 hours, setting a record for the longest vote in the U.S. House of Representatives. Some Republican lawmakers changed their positions multiple times within 24 hours, from opposition to support and back to opposition, before ultimately switching back to support. After the procedural vote passed, House leadership committed to including the anti-CBDC (Central Bank Digital Currency) provisions in the National Defense Authorization Act (NDAA). The GENIUS Act and the potential CLARITY Act are expected to be submitted to Parliament for final voting as early as tomorrow. The GENIUS Act is seen as an important step towards modernizing financial regulation, which includes strict reserve requirements for stablecoin issuers and provisions that limit the development of CBDCs.