The U.S. House of Representatives failed to pass the procedural vote on the encryption bill, and a second vote will be held at 5:00

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According to ChainCatcher citing 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 (5:00 AM Beijing Time).

The President is "angry" and is communicating with lawmakers who have blocked the cryptocurrency bill from reaching the House floor. Previously, it was reported that the procedural vote on cryptocurrency-related legislation failed to pass. (Jinshi)

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