The House conservatives end the obstruction, and Trump's "Cryptocurrency Week" makes progress
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The conservative faction of the Republican Party has ended its obstruction of the cryptocurrency bill, paving the way for a vote in the House of Representatives. The Trump-backed "Cryptocurrency Week" is approaching, and House leaders have promised to include measures to prohibit the Federal Reserve from issuing digital currency in the defense authorization bill to promote the passage of the stablecoin legislation. The stablecoin legislation has received broad support in the Senate, and if passed by the House, it will be submitted for Trump's signature. Bitcoin's price fell by 1.12%
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