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Al Jazeera
Al Jazeera
Business

US House sends crypto ‘GENIUS Act’ to Trump, in win for industry advocates

United States Donald Trump Genius Crypto Cryptocurrency House Financial Services World Liberty Financial
US House Republican Whip Don Emmer laughs with colleagues before the start of a news conference after the House passed the 'GENIUS Act' in Washington, DC [Jonathan Ernst/Reuters]

The United States House of Representatives has passed three bills related to cryptocurrency, sending one directly to US President Donald Trump and the other two to the US Senate.

The votes by the Republican-controlled chamber come amid a wider push by the Trump administration to make the US the “crypto capital of the world”, in what the president has dubbed “crypto week”.

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