U.S. House Set to Vote on Major Crypto Legislation
The week of July 14–18, 2025, has been officially dubbed “Crypto Week” on Capitol Hill, as the U.S. House of Representatives prepares to vote on three critical bills that could shape the future of digital assets in the country. Among these are the Digital Asset Market Clarity Act, the GENIUS Act for stablecoin regulation, and the Anti-CBDC Surveillance Act.
These bills represent the most comprehensive legislative push on crypto regulation in U.S. history, with bipartisan support paving the way for their likely passage.
The GENIUS Act: Stablecoin Framework Nears Final Approval
The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is expected to be voted on early in the week. This legislation creates a federal framework for the regulation of USD-backed stablecoins, ensuring oversight, reserve requirements, and operational transparency.
The Senate has already passed the GENIUS Act, and if the House follows suit, it could reach President Trump’s desk by Friday or early the following week.
This would mark the first stablecoin-specific federal law in the United States, bringing long-awaited clarity for issuers and financial institutions involved in the sector.
Market Structure Bill to Define Regulatory Oversight
The Digital Asset Market Clarity Act of 2025 aims to define which federal agency—the SEC or the CFTC—has jurisdiction over various types of digital assets. The legislation is expected to pass the House with bipartisan support, though a Senate counterpart has not yet been introduced.
If approved, the Clarity Act would establish a legal classification system for digital tokens, reducing compliance uncertainty and encouraging innovation in the blockchain sector.
CBDC Ban Gains Momentum
The Anti-CBDC Surveillance Act seeks to prohibit the development of a U.S. central bank digital currency, citing concerns over financial surveillance and privacy. The House passed a similar version in 2024, and support has only grown since.
The bill reflects increasing skepticism toward government-issued digital currencies, especially amid broader concerns about data security and civil liberties.
Additional Hearings: Crypto Taxation in Focus
In addition to these legislative votes, the House Ways and Means Committee is scheduled to hold a hearing on crypto taxation on Wednesday, July 16. The session may address capital gains reporting, staking income, and tax treatment for digital assets held in self-custody wallets.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.