This marks the first time a significant Republican bloc has explicitly opposed crypto legislation specifically due to insufficient CBDC restrictions, rather than regulatory concerns. The 13-member defection signals an unprecedented political realignment where opposition to government-controlled digital currency supersedes party-line voting on crypto regulation.
US Congress CBDC Ban Battle: 13 GOP Break Ranks on Digital Dollar
📰 What Happened
A House vote on crypto regulation failed 196-222 on July 16, 2025, when 13 Republicans joined Democrats to block the GENIUS Act and related bills. The legislation would have established federal stablecoin rules and included crypto provisions in defense spending. Rep. Marjorie Taylor Greene opposed the measure, citing lack of CBDC restrictions. The market responded with Circle shares dropping 5%, while Coinbase and MARA Holdings fell 2%.
📖 Prophetic Significance
The congressional battle over CBDC control reveals how digital currency infrastructure is becoming a focal point of governmental power struggles. The specific 196-222 vote split demonstrates that control over digital money is now dividing traditional political alliances. This aligns with prophecies about centralized economic control, but in an unexpected way - showing resistance from within the system itself. The 5% drop in Circle's shares and emergence of anti-CBDC factions suggests the prophesied economic control system may emerge through conflict rather than smooth implementation.