In what's now officially the longest vote in the history of the U.S. House of Representatives, lawmakers stalled for over seven hours and 24 minutes Wednesday night over a cryptocurrency rule vote that nearly imploded under GOP infighting.
At stake: a trio of major crypto bills, led by the controversial GENIUS Act, which would mandate that all stablecoins be backed 1:1 with verifiable reserves. For a moment, the entire U.S. crypto legislative agenda teetered on the edge, and with it, the current crypto bull run.
