Crypto Week: U.S. House to consider key GENIUS and CLARITY bills
House to vote on key crypto bills in Crypto Week
The U.S. House of Representatives is set to mark a major turning point in crypto policy with the launch of “Crypto Week” on July 14, a legislative push designed to define the nation’s approach to digital assets.
Lawmakers are expected to debate and vote on three key bills: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act, stated in the official press release.
The legislative effort, backed by House Financial Services Committee Chairman French Hill, aims to create a comprehensive regulatory framework for digital assets, address stablecoin issuance, and block the creation of a Central Bank Digital Currency (CBDC). The initiative aligns with President Donald Trump’s stated ambition to establish the U.S. as the “crypto capital of the world.”
GENIUS Act heads to the House after Senate passage
A focal point of the week will be the GENIUS Act, which passed the Senate in June by a 68–30 vote. The bill introduces long-awaited rules for stablecoins, including oversight for issuers and mechanisms to ensure consumer protection. With Senate approval secured and White House support signaled, expectations are high for House passage during Crypto Week.
Chairman Hill emphasized the urgency of the legislation, stating, “Clear rules of the road for stablecoins are long overdue…we are one step closer to creating a functional regulatory framework.”
CLARITY Act
Backed by bipartisan support, the House Committees on Agriculture and Financial Services have introduced the Digital Asset Market Transparency Act (CLARITY). The bill, led by Chairman Glenn Thompson and French Hill, seeks to establish the CFTC as the primary regulator of digital commodities, while limiting the SEC’s jurisdiction in this area.
The CLARITY Act is expected to address digital asset definitions and securities classification, while the Anti-CBDC Act seeks to prevent the Federal Reserve from developing a retail CBDC, citing privacy concerns.
What to watch next
The outcome of Crypto Week could reshape the digital asset landscape in the United States, paving the way for mainstream crypto integration while limiting federal control over programmable currency.
If the bills advance, they will represent one of the most significant federal policy shifts on cryptocurrency to date.
As we wrote earlier GENIUS Act goes to House after Senate approval.
