The U.S. House of Representatives appeared poised to pass key crypto legislation on Thursday, including the creation of a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known as stablecoins,

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."

U.S. crypto investors moved a step closer to getting more regulatory clarity after the House of Representatives voted to advance three pieces of crypto-related legislation on Thursday, with one of them expected to be singed into law soon.