rewrite this title House Clears Key Crypto Bills for Final Vote After Record 9-Hour Standoff – Decrypt

The U.S. House of Representatives narrowly passed House Resolution 580 with a 217-212 vote on Wednesday, reviving the path forward for three major crypto bills after a record-breaking procedural standoff that stretched nearly 10 hours.

Eight conservative Republicans who initially blocked the legislation on Tuesday switched sides after House leadership agreed to attach the Anti-CBDC Surveillance State Act to the National Defense Authorization Act, ensuring the prohibition would pass with the must-pass defense bill. 

“Attaching our Anti-CBDC Surveillance State Act to the NDAA will ensure unelected bureaucrats are NEVER allowed to trade Americans’ financial privacy for a CCP-style surveillance tool,” House Majority Whip Tom Emmer (R-Minn.) wrote on X.

This now clears the path for final votes on three major bills: the stablecoin-regulating GENIUS Act, the market-structure CLARITY Act, and the Anti-CBDC Surveillance State Act. 



The vote has sparked optimism within the crypto industry, with supporters saying it provides much-needed clarity for the industry.

“Regulatory uncertainty has been the single largest deterrent for major institutions,” Steven Goldfeder, CEO of Offchain Labs, creator of Arbitrum, told Decrypt. “A legislative framework finally signals to the market that this technology is here to stay, that it deserves real governance, and that participation can happen within a trusted structure.”

The breakthrough came after President Donald Trump called in at the final moment of negotiations and expressed satisfaction with the deal hammered out in House Speaker Mike Johnson’s office, as per a POLITICO report.

House Majority Leader Steve Scalise’s (R-La.) Thursday’s schedule listed the crypto bills under “Legislation Considered Pursuant to a Rule,” meaning the bills are now officially ready for final floor votes under the terms set by the procedural rule that just passed. 

The GENIUS Act is scheduled for a floor vote Thursday and could become the first major crypto bill ever signed into law, while the CLARITY Act vote on may be pushed to early next week.

“This is a significant win for the American people as a government-controlled digital currency poses a direct threat to financial privacy and economic freedom,” Rep. Andy Harris (R-Md.) tweeted Wednesday.

The agreement satisfied most Republican concerns, though Rep. Marjorie Taylor Greene (R-Ga.) maintained her opposition despite party pressure. 

“I am NOT voting for the mark of the beast system. Totally happy and content being 1000% NO,” she tweeted earlier, remaining one of the few GOP holdouts.

On Tuesday, the House had voted 196–223 against advancing the rule, with 12 Republicans defecting and objecting to the GENIUS Act’s perceived ambiguity on CBDCs. 

Following that defeat, Trump summoned the holdouts to the White House and announced he had convinced them all to support the measure.

The Wednesday proceedings saw an initial vote that appeared to succeed at 215-211, only for the same Republican holdouts to retract their support and leave the House floor for prolonged negotiations with party leadership.