House Don Approve Debate on GENIUS, CLARITY & CBDC Bills
On July 17, 2025, US House wen pass H.Res.580 tight tight, 217–212 vote. E set rule dem for debate three big crypto bills dem: GENIUS Act for stablecoin oversight, CLARITY Act wey show who get power SEC or CFTC, and CBDC Anti-Surveillance Act wey ban Federal Reserve digital dollar. Earlier, H.Res.580 motion no clear, e fail 196–223 after five Republicans talk say CBDC get wahala, but GOP leaders add the ban matter inside CLARITY Act. No Democrat support that procedural vote, dem call am ‘crypto giveaway’ to former President Trump. Now wey H.Res.580 don clear, House go soon continue full debate and final vote, fit send the bills go Senate and President dis week. Traders suppose dey watch H.Res.580 matter well, crypto law clarity, plus CBDC ban because e fit affect market.
Bullish
House ah approve H.Res.580 dey show say dem wan make crypto regulation clear wella, e reduce wahala wey dey about stablecoin rules, SEC vs. CFTC oversight, and CBDC competition. As lawmakers dey push debate on top these bills, e fit help improve the legal framework wey dey support market confidence. Short term, e fit make market shake small around final votes, but if dem clear stablecoin oversight and put ban on CBDC for long term, e go make people feel better about big tokens as regulatory wahala go reduce.