House Republicans cleared a key procedural hurdle Wednesday night to unlock consideration of a trio of cryptocurrency bills, unfreezing the floor after a two-day saga. The chamber adopted a rule

The US crypto industry is celebrating as Congress passed three major bills in its “Crypto Week” legislative bonanza.

ABC News’ Morgan Norwood is joined by House Committee on Financial Services member Rep. William Timmons (R- S.C.) to discuss the newly signed law that would govern cryptocurrencies.

Congress passed the first major crypto legislation in the U.S., marking a major milestone for the digital currency sector. And with President Trump's support, the industry plans to march on.

WLFI also announced on social media Wednesday that investors in its token voted to make the crypto tradable on public exchanges. Sludge reported that "the decision could boost the token's price and directly benefit President Trump and his family, who hold billions of the tokens and have already reaped hundreds of millions from its early sales."

House Republicans promoted this week as the latest step for the U.S. to become the “crypto capital of the world.”

Technology Technology   The Big Story Crypto bills stall amid GOP infighting The House floor was locked at a standstill Wednesday afternoon as a diverse array of House

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