The Genius Act passed in the House by a 308-122 vote after it was passed in the Senate last month with broad bipartisan support. The landmark legislation lays out the rules of the road for the $250 billion market for stablecoin,

President Donald Trump announced Tuesday evening that he reached a deal with Republican lawmakers to move a cryptocurrency bill forward in the House. Earlier that day, a dozen Republicans, among them House Freedom Caucus members and Rep.

US House passes GENIUS Act to regulate stablecoins, sending bill to President Trump for signature. First major crypto law mandates 1:1 reserves and transparency.

In what's now officially the longest vote in the history of the U.S. House of Representatives, lawmakers stalled for over seven hours and 24 minutes Wednesday night over a cryptocurrency rule vote that nearly imploded under GOP infighting.

Donald Trump is reportedly exploring ways to allow cryptocurrencies like Bitcoin into U.S. retirement accounts, including 401(k)s and IRAs, according to the Financial Times.

Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.