The U.S. House of Representatives failed to pass the cryptocurrency bill in a procedural vote; a second vote will take place at 5:00.

BlockBeats News, July 16th, according to Fox News, the U.S. House of Representatives plans to attempt another vote on the procedural rules for cryptocurrency-related legislation around 5:00 PM Eastern Time (05:00 Beijing Time).

The President is very "angry" and is in communication with those who are blocking the cryptocurrency bill from entering the House of Representatives. Earlier reports suggested that the procedural vote on cryptocurrency-related legislation in the House of Representatives did not pass. (Golden Finance)