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Trump's Crypto Push Halted as 13 Republicans Block Bills

Wednesday, Jul 16, 2025 5:17 am ETmin read

Aime Summary

- Trump's crypto advocacy faced setbacks as 13 House Republicans blocked bipartisan bills advancing digital asset regulations.

- Opposing lawmakers cited concerns over federal overreach and market instability risks posed by the proposed legislation.

- The stalled bills now delay establishment of clear federal guidelines for cryptocurrency, creating regulatory uncertainty for the industry.

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