The U.S. House of Representatives advanced three major crypto bills late Wednesday after the longest vote in House history, a session that lasted nearly 10 hours and ended with a 217-212 vote.

The three bills advanced for debate are the GENIUS Act, which sets rules for stablecoin issuers, the CLARITY Act, which defines which tokens will be regulated by the Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC), and a bill to prevent the Federal Reserve from issuing a central bank digital currency (CBDC).


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The extended deadlock was primarily driven by Republican hard-liners demanding a strong, explicit ban on a CBDC. Their support was finally secured after House leadership promised that the anti-CBDC provision would also be included in the must-pass National Defense Authorization Act (NDAA), giving it a separate and likely path to becoming law.

The GENIUS Act is the furthest along in the legislative process. The Senate has already passed it in a bipartisan vote, and if it clears the House, it would head to the President’s desk, where it would be signed into law.