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Trump urges the U.S. House of Representatives to support the Senate version of the stablecoin bill.
According to Mars Finance, CoinDesk reported that the U.S. House of Representatives plans to vote next week on the Senate's proposed "GENIUS Stablecoin Act", abandoning its own version. This move responds to President Trump's call to accelerate cryptocurrency legislation, and if passed, it will become the first significant crypto regulatory law in the U.S. The House is also focusing on advancing the "Digital Asset Market Clarity Act", which aims to establish a comprehensive regulatory framework for the crypto market. The Senate Banking Committee stated it hopes to complete the legislative process by September 30.