As he advanced in Crypto Week on Tuesday, the process of the United States Representatives Chamber to approve the digital asset bills suddenly stops by a procedural vote while members of the House of Representatives of the House of Representatives opposed the way in which some of the legislation have developed under the domain of the Senate.
The failure of procedural voting quickly criticized cryptography markets for uncertainty about the good news expected this week, since the camera has advanced towards the approval of two of the main priorities of the industry. The legislation still has strong and bipartisan support, which suggests that the procedural accident can be overcome since another vote was scheduled for later on Tuesday afternoon. More than a dozen Republicans joined the Democrats to vote against the motion.
Two people familiar with the matter told COINDESK that another vote has been directed at 5:00 pm et, which means that this interruption could be resolved without delaying the most important votes that are currently expected on Wednesday and Thursday.
The president of the United States, Donald Trump, urged Republicans to vote in favor of the rule on Tuesday earlier in a position on social truth, saying that the approved genius would help keep the United States ahead of other countries in cryptographic development.
Bitcoin (BTC) and Ether (ETH) each lowest knee in approximately 0.5% in the news, but both have recovered most of those decreases. Circle of high -flight stable emitters (CRCL) has moved to its low session, 5.3% in the day. The action remains higher in approximately six times since its IPO last month.
Procedural interruptions can be the norm in the legislative process. While the Genius law was heading towards the Senate, a group of Democrats criticized the breaks to object to certain provisions and force more discussion. It is not clear if unhappy Republicans could force a similar delay in this week’s bill.
