Donald Trump announced on Wednesday that 11 of the 12 House representatives have agreed to support the GENIUS Act. This follows the House’s 196-222 vote on Tuesday to reject a procedural motion that would have allowed consideration of several crypto-related bills.

Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.

After an earlier setback for the Trump administration when House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures, President Donald Trump said late Tuesday he has made a deal with Republican members of Congress to advance the legislation on Wednesday.