Historic Crypto Bills Pass: But Will Trump Actually Sign Them? 🤔💸

by

On July 17, 2025—a date that might as well be marked in the history books with a glitter pen—the House of Representatives decided to throw a crypto party. 🎉 They passed not one, not two, but three major crypto bills, tickling the fancy of digital asset lovers everywhere. Who knew they could play nice with one another? Someone call the UN!

The showstopper? The country’s poised-to-be-famous stablecoin bill, the GENIUS Act. Yes, you read that right—GENIUS! It’s now strutting its stuff all the way to President Donald Trump’s desk, like the prom queen ready for her crown. 💁‍♂️ Will he sign it, or will it end up gathering dust like last year’s fashion trends?

Historic Vote For Crypto Bills

Breaking news alert! Fox’s very own Eleanor Terret took to the sparkling platform X (formerly known as Twitter) to let us know that both Democrats and Republicans joined forces like an unexpected buddy cop duo. They voted in a way that even the most jaded political analyst could describe as “way better than expected.”

However, before we pop the champagne, let’s pump the brakes—because the Senate is like that moody roommate who always makes the atmosphere tense after good news. Jaret Seiberg from TD Cowen isn’t holding his breath just yet. He politely suggests while these votes are a nice symbol of progress, the real challenge is trying to get everyone on the same page without someone pulling a classic filibuster stunt. Because, of course, consensus is like finding a matching pair of socks: always a struggle! 🧦

Details? Yeah, he’s not expecting to see any until late this year or possibly next. So, comfy up with some snacks, folks—it’s gonna be a long wait, and the Senate might throw us a curveball or two before we see what they’re cooking.

GENIUS Act Secures Strong Approval

But let’s not forget the fabulous news from the House! The CLARITY Act passed like hotcakes: 294 to 134, with 78 Democrats jumping on the bandwagon. That’s more than double the expected turnout! Last year, they could barely muster 71 votes for the FIT21 legislation—a real Cinderella story! 🏰

Then, as if the universe aligned for a crypto miracle, the GENIUS Act made a splash with 308 votes! It was aided by none other than 102 adorable Democrats. The Anti-CBDC Act? Oh, it’s the shy cousin at the party, barely squeezing through at 219 to 210, but hey, it had the guts to get a couple of Democrats to join the Republicans—talk about unity!

Read More

2025-07-18 00:16