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Congressman French Hill: Encryption legislation may pass in the House of Representatives.
[BitPush] US Congressman French Hill stated that he believes the House has the votes necessary to advance critical encryption legislation, including the GENIUS bill related to stablecoins, the Clarity bill concerning market structure, and a bill that limits the federal government's ability to create central bank digital currency.
French Hill stated in an interview that U.S. President Donald Trump mentioned that the "stablecoin bill" (GENIUS Act) has received enough support, which previously failed to receive a final vote in the House of Representatives.