The U.S. House of Representatives has put out that July 14–18, 2025 will be “Crypto Week”. This is a strategic legislative step by Republican leaders to push forward with three key cryptocurrency bills. That which is put forth by House Financial Services Chair French Hill, Agriculture Committee Chair Glenn Thompson, and House Speaker Mike Johnson’s initiative also seems to have a very strong tie in with President Trump’s digital asset agenda.
The aim is to get the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act passed before the August break. This is putting forth a very wide ranging crypto regulation package. With these bills, we think we have the most extensive in U.S. history.
Focus On The GENIUS And CLARITY Acts
The GENIUS Act already passed in the Senate by a bipartisan 68–30 vote—creates the first federal stablecoin framework. It mandates 1:1 reserve backing, AML compliance, and monthly audits. A dual regulatory structure allows smaller issuers to opt for state oversight, while large issuers must move under federal watch.
Here out is the CLARITY Act. It restructures crypto asset regulation by having the SEC and CFTC split up oversight. It puts forth the idea of “digital commodities”. The Act requires crypto exchanges to register with the CFTC and also aims to protect DeFi platforms and self-custody holders.
The 3rd bill, which is the Anti-CBDC Act, outlaws the Federal Reserve in terms of putting out a Central Bank Digital Currency (CBDC) without first getting Congress’ ok. Also included is the prohibition of the direct and indirect issue of CBDCs. It also prohibits the use of them for monetary policy.
Industry Eyes Crypto Week Outcomes
The crypto sector has a mixed to positive reaction. Circle CEO Jeremy Allaire reported the GENIUS Act’s passage as a historic milestone. This, in turn, will secure the U.S. position in global digital finance.
Backers say the GENIUS Act will see the U.S. maintain its position as a preeminent dollar market by increasing trust in regulated stablecoins. Also, the CLARITY Act puts forward what innovators have been asking for in terms of clear rules.
Still, Democratic opposition is on the way. Especially concerning President Trump’s private crypto holdings and the issue of regulatory capture. However, the GENIUS Act has 18 Senate Democrats on board. This may, in turn, produce a bipartisan push for the bill.
If the House goes through with the GENIUS Act unamended, it will go to Trump’s desk possibly before Crypto Week ends. For an industry that has been in the dark regarding regulation for some time, this week may be a turning point.
