HOUSE ADVANCES GENIUS AND CLARITY CRYPTO BILLS AFTER POLITICAL STANDOFF

Summary from the TLDR Crypto newsletter

The U.S. House voted 215–211 to advance the GENIUS Act (a stablecoin regulatory framework already passed by the Senate), potentially sending it to President Trump by week's end. Lawmakers also moved forward on the broader Clarity bill, which defines regulatory roles for the SEC and CFTC, and a third bill to block the Fed from issuing a retail CBDC.