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US Representative Tim Burchett says they agreed with President Trump to maintain the anonymity of crypto transactions, similar to how cash works. In a Thursday X post, the Tennessee representative commented, “Late night agreement with â¦Donald Trumpâ© and leadership to keep your crypto transactions private like cash.†Crypto bills stalled in the House after some Republicans moved to support Democrats Lately, the Trump administration and Republican representatives have been focused on setting friendly regulations for the industry. This week, the so-called “crypto week,†the House was slated to advance three bills endorsed by President Trump, who argued they would propel the US to be the global crypto capital. However, Tuesday’s legislative push hit a snag as some Republicans joined Democrats to stop the procedural vote. Though Trump weighed in during a late evening meeting with GOP members at the White House, seemingly reviving the bills. He posted on Truth Social that he expected the bills to come up for a vote by Wednesday. Late night agreement with â¦@realDonaldTrumpâ© and leadership to keep your crypto transactions private like cash. pic.twitter.com/ILXouDofWO — Tim Burchett (@timburchett) July 17, 2025 Still, Republicans were grappling with internal divisions in their Wednesday discussions. Conservative republicans held out, demanding that the crypto market structure bill explicitly ban the Federal Reserve from creating a digital dollar. Burchett, one of the GOP hardliners, said they were under the impression an agreement had been made to satisfy their demands, but it soon fell through. He noted that some wanted the agreement in writing, and others didn’t agree with the deal. He added, “So you’ve got people that are just upset.â€Â GOP hardliners were pushing to merge the crypto market structure bill, the CLARITY Act, with the other bill to ban a central digital currency. However, a pro-crypto Democrat warned that…
