Analyst: Encryption bills like GENUIS are only a matter of when rather than if

Odaily News Cryptocurrency prices fell as the U.S. House of Representatives failed to advance two key pieces of legislation for the cryptocurrency industry, the GENUIS Act and the CLARITY Act. However, Oppenheimer analyst Owen Lau said that the recent cryptocurrency market reaction has been exaggerated, and the passage of the relevant bills is only a matter of when rather than if. If the three bills are passed together, the market may react more positively (CNBC)