Donald Trump ordered all Republicans to support the GENIUS stablecoin bill on Tuesday, but it was unclear whether the House planned to hold a floor vote on the legislation.

Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.

As the Crypto Week gets underway, Donald Trump is urging all Republicans in the House to vote in favor of the GENIUS Act.

Perhaps most controversial of the bills is the one that's closest to reaching Trump's desk, the GENIUS Act, which creates a framework for banks and private companies to issue stablecoins. After passing in the Senate last month, the House of Representatives is hoping to hold a vote as soon as Thursday, insiders told Politico.

The bipartisan legislation, which passed the Senate in June and is likely to be voted on by the House this week, is the first-ever piece of stablecoin regulation. It would allow private entities to issue their own stablecoins, as long as they are fully backed by U.S. Treasuries. That will open the Treasury up to a whole new set of investors.

Jamie Dimon confirms JPMorgan will study stablecoin technology, weighing its utility as fintech firms disrupt the banking sector.

New York AG Letitia James urges Congress to strengthen crypto legislation to safeguard investors and the economy from stablecoin risks.

Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being banned.

The GENIUS, CLARITY and Anti-CBDC Surveillance State acts, all regulating different parts of the cryptocurrency market, are scheduled to hit the House floor for votes during this week's congressional 'Crypto Week.