Following two days of struggles to overcome procedural hurdles, the House passed three bills Thursday that would shape how digital assets operate and are overseen, marking a breakthrough for the sector and sending one of the bills immediately to President Donald Trump for signing.
Almost every Republican backed each bill, while Democratic support varied by measure.
One of the bills would establish regulations for stablecoins, a crypto token that is tied to a reserve currency, in this case, the U.S. dollar. The House vote, 308-122, cleared the legislation for the president.