President Trump Discusses Opposition to the GENIUS Act, Eyes Revote

On the 16th, President Trump announced on his social media platform 'Truth Social' that he had met with 11 of the 12 legislators needed for the vote on the cryptocurrency-related 'GENIUS Act' in the Oval Office. After a brief discussion, all agreed to support the procedural vote (motion) the following morning, and House Speaker Mike Johnson, who joined the discussion by phone, also supported an early vote as much as possible. Related: What is Trump's 'Truth Social'? The impact on the cryptocurrency market and TMTG's strategy. This development follows the procedural motion for the cryptocurrency bill in the U.S. House being rejected by a vote of 196 to 223 early morning on the 16th, Japan time.