Crypto Bills Crushed in the House — Trump Calls It a Disaster

If you’re following the crypto space, you already know today was no ordinary day. Things got intense when the U.S. House of Representatives unexpectedly blocked not one, but three major crypto-related bills. All of them were crucial steps toward shaping how digital assets are handled in the U.S., and yet… none made it through.

Let’s break it down.

The vote ended with 196 lawmakers saying “yes” and 223 saying “no.” That’s a flat-out rejection — and it means none of the proposals even made it to the discussion phase. The three blocked bills were:

The GENIUS Act – This was designed to lay down clear rules for stablecoins — the type of digital currency that’s tied to traditional currencies like the U.S. dollar.
The Digital Asset Market Structure Clarity Act – Aimed at sorting out which government bodies are in charge of what when it comes to digital assets. Basically, it was supposed to create some order in the chaos.
The Anti-CBDC Surveillance State Act – This one would’ve stopped the U.S. from launching a central bank digital currency (CBDC), which some fear could lead to government tracking of personal financial data.

So, why did these bills get stopped? Political division. While the Republicans are usually seen as more crypto-friendly, they couldn’t find full agreement within their own party. Meanwhile, Democrats largely opposed the package altogether. That combination left the bills dead on arrival.

House Speaker Mike Johnson later confirmed there would be no further voting on these today. So, for now, it’s a pause — not a full stop, but definitely a delay.

Trump Weighs In: Furious and Fired Up

You probably guessed it — former President Donald Trump had something to say, and he did not hold back.

He took to his platform, Truth Social, and blasted the failed vote. In his post, he called it a “disaster” and urged every Republican to support the GENIUS Act. According to him, this bill would’ve pushed the U.S. “light-years ahead” in the race to lead global crypto innovation.

But that wasn’t all. Trump also warned that this delay could be a golden opportunity for China and the European Union to gain an edge. His message was clear: the U.S. risks falling behind if it doesn’t act fast.

Like him or not, Trump has been increasingly vocal about supporting crypto innovation — and this moment only fired him up more.

What’s Next? Is Crypto Week Over?

Not quite. While today’s vote was a serious speed bump, it doesn’t mean everything is done for.

Behind closed doors, lawmakers are still talking. Trump has promised to keep the pressure on, and there’s already chatter about pushing for a re-vote soon. That means the proposals aren’t dead — they’re just waiting for the right political moment.

It’s also worth noting that while this was a public setback, the attention it brought could actually push these bills back into the spotlight with more force. We’ve seen it before: a loss today often fuels a bigger win later on.

Why This Moment Really Matters for the U.S. and Crypto

Let’s step back for a second. Today’s vote isn’t just about one political loss. It actually points to something much bigger — a turning point in how the U.S. approaches digital currency and blockchain technology.

Right now, the U.S. crypto space is stuck in a kind of legal gray area. Different agencies have different rules, companies don’t know who to answer to, and innovation often gets slowed down or pushed overseas. That’s why these bills were so important. They weren’t just about regulation — they were about setting the stage for long-term growth.

Other countries are already moving ahead. China has its digital yuan. The EU has launched frameworks for digital assets. Meanwhile, the U.S. is still deciding what it even wants to do.

If the U.S. wants to stay competitive, it needs to act — and soon.

What Makes These Bills So Critical?

It’s not just about supporting crypto for the sake of it. Each of the bills blocked today addressed a key area:

Stablecoins need clear, reliable rules. Without them, companies are unsure how to build or scale.
Market clarity helps prevent lawsuits, confusion, and regulatory pile-ups.
CBDCs raise questions about privacy. Many Americans want to make sure digital dollars don’t lead to surveillance.

Together, these bills could’ve laid the foundation for a healthier, more trustworthy crypto space in the U.S.

Final Thoughts: A Setback, Not the End

So, yeah — Crypto Week didn’t go as planned. It started with hope and ended with a vote that blocked progress. But here’s the thing: it’s not over.

This is just one moment in a much bigger conversation. And sometimes, a big “no” like this is exactly what’s needed to refocus, rally support, and come back stronger.

Trump is fired up. Lawmakers are still talking. And the crypto community isn’t going anywhere.

The real question now is: Will the U.S. step up to lead the digital future — or keep falling behind while others take the lead?

The clock is ticking. Let’s see what happens next.