The GENIUS Act is back on track after Trump secured key support from lawmakers, setting up a vote that could revive pro-crypto legislation.

House Republicans failed to advance a key procedural motion that would have enabled debate on the GENIUS Act and other major crypto bills earlier today, Tuesday. The failed vote stalled the highly anticipated legislative push dubbed part of “Crypto Week,

Trump announces 11 of 12 congressmen agreed to advance GENIUS Act stablecoin legislation after Oval Office meeting, reversing Tuesday's failed procedural vote during Crypto Week.

Trump announces congressional leaders' agreement to advance the GENIUS Act in a critical procedural vote scheduled for tomorrow.

What Happened: Taking to social media platform Truth Social, Trump said, “Happy Crypto Week! The House will soon VOTE on a tremendous Bill to Make America the UNDISPUTED, NUMBER ONE LEADER in Digital Assets – Nobody does it better!"

Crypto week kicks off on Capitol Hill, with lawmakers set to debate a handful of bills that sources say could have a big impact on the market.

The market structure package called the CLARITY Act could be held up as Democrats have concerns about President Trump’s growing crypto empire.