US House of Representatives Fails to Pass Procedural Vote on Crypto Bill, Second Vote Possible on Wednesday

On July 15, according to a Politico reporter, a procedural vote on cryptocurrency-related bills in the U.S. House of Representatives failed to pass. According to Fox News, the U.S. House of Representatives plans to attempt another vote on the rules of procedure for cryptocurrency-related bills around 17:00 ET (05:00 Beijing time). The President is "angry" and is communicating with the representatives who are blocking the cryptocurrency bill from entering the House. However, the U.S. Democratic Party whip subsequently stated that there are no additional cryptocurrency bill voting plans in the House today. U.S. House Speaker Johnson: Hopes to try again on Wednesday in the House to hold a procedural vote on the cryptocurrency bill. [TechFlow]