A fter a record-breaking nine hours, the GOP-led House late Wednesday night finally advanced a trio of crypto bills to the floor for debate and consideration by a vote of 217-212.

House passage of the measures marks a breakthrough for the digital assets sector and sends one of the bills to President Donald Trump.

Thirteen Republicans, mostly hardline conservatives, voted alongside all Democrats to block a procedural vote on the crypto legislative package.

ABC News’ Morgan Norwood is joined by House Committee on Financial Services member Rep. William Timmons (R- S.C.) to discuss the newly signed law that would govern cryptocurrencies.

The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.

The CLARITY Act and two other crypto bills passed the House with Republican and Democratic support after Maxine Waters criticized them as enabling a "corrupt crypto empire."

House Republicans cleared a key procedural hurdle Wednesday night to unlock consideration of a trio of cryptocurrency bills, unfreezing the floor after a two-day saga. The chamber adopted a rule

House lawmakers passed the most significant crypto legislation to date while grappling with a trio of bills aimed at revamping the nascent industry after a revolt from GOP hardliners derailed a

On Tuesday, a dozen conservatives sank a procedural vote to advance three crypto bills, including the GENIUS Act, which would establish a regulatory framework for the $250 billion market for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar.

The House passed a key procedural vote advancing crypto bills GENIUS and Clarity, setting up final debate and votes.