The U.S. House of Representatives passed a procedural vote to clear the way for three key encryption bills.

"Anti-CBDC Surveillance State Act" Included in Defense Bill, Conservative Republicans Shift to Support Eight conservative Republican lawmakers who previously opposed the bill switched their stance to support it after the House leadership agreed to include the Anti-CBDC Surveillance State Act in the National Defense Authorization Act (NDAA), ensuring that the measure prohibiting the expansion of central bank digital currencies (CBDC) will be passed alongside the must-pass defense bill.

House Majority Whip Tom Emmer wrote on the X platform: "Adding our anti-CBDC surveillance national bill to the NDAA will ensure that unelected bureaucrats can never exchange Americans' financial privacy for CCP-style surveillance tools."

Three bills enter the final voting stage, the industry welcomes a regulatory breakthrough window This vote paves the way for the final votes on three important pieces of legislation, namely:

• The GENIUS Act regulating stablecoins
• The CLARITY Act for reforming the structure of the cryptocurrency market
• The Anti-CBDC Surveillance National Act explicitly prohibits CBDC.

Steven Goldfeder, CEO of Offchain Labs (the team behind Arbitrum), told Decrypt: "Regulatory uncertainty has always been the biggest barrier to institutional entry. This legislative framework sends an important signal to the market: this technology is worth governing, worth trusting, and worth participating in."

According to POLITICO, a breakthrough occurred after US President Trump intervened in the negotiations and expressed satisfaction, with the relevant agreement ultimately finalized in the office of House Speaker Mike Johnson.

The GENIUS Act is about to enter formal voting and is expected to become the first cryptocurrency legislation in the United States The agenda released by House Majority Leader Steve Scalise for July 18 shows that three cryptocurrency bills have been included in "legislation under consideration under the rules," meaning they have met the conditions for a final vote. The "GENIUS Act" will be voted on first on Thursday, and if passed, it will become the first cryptocurrency legislation in U.S. history. The "CLARITY Act" may be voted on early next week.

Congressman Andy Harris stated: "This is a major victory for the American people, a government-led digital currency will directly threaten financial privacy and economic freedom."

Trump Pushes for Cryptocurrency Legislation, Some Opposition Remains Within Party Previously, the House of Representatives voted on Tuesday to reject the motion to advance the procedural rules by a vote of 196 to 223, because some Republican members believed there was ambiguity in the CBDC stance of the GENIUS Act. Trump then convened these members to the White House for consultations and claimed to have successfully persuaded them all to support the bill.

Despite this, Georgia Congresswoman Marjorie Taylor Greene still insists on opposing it. She stated on the X platform: "I will not vote to support the Beast Mark system, 1000% opposed." She is one of the few Republican lawmakers who still refuses to compromise.

During the voting process on Wednesday, the initial vote result was 215 to 211, but some opposing members subsequently withdrew their support, left the venue, and engaged in lengthy discussions with the party leadership before finally reaching a compromise and casting their votes in favor.

Conclusion: This breakthrough in the House of Representatives marks the first time that U.S. cryptocurrency legislation has received comprehensive support from high-level political figures. With the GENIUS Act set for a formal vote and potentially becoming the first regulatory law for stablecoins, the entire cryptocurrency industry is expected to welcome a compliance spring. Cryptocurrency users should closely monitor the legislative process, the direction of CBDC policies, and the subsequent profound impacts on market structure and the regulatory ecosystem.