Trump says he has deal on crypto bill
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The Republican-controlled U.S. House of Representatives cleared key procedural hurdles on crypto legislation on Wednesday, a day after President Donald Trump intervened to save the initiative, paving the way for the first federal law for digital assets.
The gruelling slog, the longest roll call vote in the history of the House, came to an end after Republican leadership agreed to include text barring CBDCs in separate legislation, the National Defense Authorization Act, later this year.
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Thirteen Republicans voted against a motion to advance three pro-crypto bills, 12 of whom Trump said would now vote differently.
Over 1 in 5 top Trump appointees reported investments in crypto and other digital assets, far more than previous administrations, a Post analysis found.
Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.