President Donald Trump has issued a direct appeal to the House of Representatives, urging immediate approval of the GENIUS Act without any amendments. The Senate passed the bill with a decisive 68-30 vote, showing a rare bipartisan agreement on digital asset regulation.
The GENIUS Act, introduced by Senator Bill Hagerty, proposes a unified federal framework for managing the fast-growing crypto sector. It aims to modernize payment systems by allowing instant settlement, replacing older methods that often take several days to process.
Having landed in the hands of House lawmakers, the bill is now subject to new reviews as negotiations arise on how the STABLE Act can be combined with it. That separate House proposal focuses on stablecoins and could alter the GENIUS Act’s scope if combined. Trump has come out to oppose any alterations, saying that edits would take much time to get final approval.
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According to the president’s latest post on Truth Social, the bill is “incredible” and should be passed swiftly to maintain U.S. leadership in financial innovation. He pointed out that a reconciled version with the Senate would cause unwarranted delays.
Since Trump’s message, the crypto industry leaders have communicated with Capitol Hill in an outburst. Players in the industry are now trying to find out how the president’s pressure may influence the time both GENIUS and STABLE Acts pass.
Trump’s Deadline Sparks Industry Concerns Over Delays
House lawmakers now face growing pressure to align with the president’s timeline, which reportedly targets August for enactment. However, merging both pieces of legislation could mean extended debate, further hearings, and possible opposition from some members.
The White House has already given an initial indication as to what may become the centerpiece of crypto regulation in the future. It favors explicitly adopting the GENIUS Act. Trump’s current remarks have also strengthened the demands of the stakeholders, urging the Senate version to prioritize the draft by the House.
Lawmakers are in a serious dilemma because they must balance political and market pressure. Their approach may define whether the U.S. finds a solution quickly to create comprehensive legislation on digital assets.
As the crypto industry is becoming nervous and Trump insists on taking action quickly, the House now holds the cards on the destiny of the GENIUS Act. Legislators have to face a choice now, whether to pursue the Senate version and the risk of such legislation being delayed through mixing them into different ones.
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