The U.S. House of Representatives failed to pass the procedural vote on the encryption bill and will conduct a second vote later.

[The U.S. House of Representatives failed to pass the procedural vote on the crypto bill, and a second vote will be held later] According to Fox News, the U.S. House of Representatives plans to attempt another vote on the rules of procedure for crypto assets-related bills around 5:00 PM ET (5:00 AM Beijing time). The President is "angry" and is communicating with those lawmakers who are blocking the crypto assets bill from entering the House. Earlier reports indicated that the procedural vote on the crypto assets-related bills in the House had failed.

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