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Republicans Stall Crypto Reforms Amid Internal Divisions

7/18/2025

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Summary

Story summary

Amid growing internal strife, Republicans in Congress have delayed a crucial vote on crypto reforms. Speaker Mike Johnson encountered pushback from far-right members, resulting in a failed preliminary vote on the GENIUS Act. Meanwhile, Trump convened lawmakers, passionately advocating for crypto legislation, yet skepticism lingers among some factions.

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Story summary

Amid growing internal strife, Republicans in Congress have delayed a crucial vote on crypto reforms. Speaker Mike Johnson encountered pushback from far-right members, resulting in a failed preliminary vote on the GENIUS Act. Meanwhile, Trump convened lawmakers, passionately advocating for crypto legislation, yet skepticism lingers among some factions.