US President Donald Trump has urged House Republicans to pass a “clean” version of the Senate-passed cryptocurrency bill, known as the GENIUS Act, without any changes. The bill aims to create the first-ever US regulatory framework for digital tokens known as stablecoins pegged to the value of the dollar.
Trump’s call comes after the Senate passed the bill last week, and he warned House Republicans against introducing any delays or additions. He expressed confidence in the bill’s potential to make America a leader in digital assets and touted its benefits, including massive investment and big innovation.
House Republicans are weighing their options, considering whether to adopt the Senate bill as is or introduce changes of their own. Some fear that passing the Senate version without modifications could impact their push for market structure legislation, which affects a broader segment of the crypto industry.
Senate Republicans are keen to quickly pass the stablecoin bill and send it to Trump’s desk, where it would be one of their first major legislative wins. They acknowledge the need for a streamlined approach, as a more comprehensive package could face challenges in passing through the Senate.
Source: https://www.politico.com/live-updates/2025/06/18/congress/trump-calls-on-house-gop-to-quickly-adopt-clean-version-of-senate-passed-crypto-bill-00414161