US House Passes Three Significant Crypto Bills: What’s on the Horizon?
After a week marked by uncertainty and political strife, ‘Crypto Week’ in the U.S. House came to a victorious close as lawmakers passed all key bills on the agenda.
On July 18, 2025, the U.S. House of Representatives approved three landmark crypto bills, breaking through a significant hurdle in the regulation of digital assets. The votes followed intense negotiations and a week of political standstill.
Leading the charge was the Digital Asset Market Clarity (CLARITY) Act, which received bipartisan support, passing 294-134 with 78 Democrats in favor. This legislation aims to resolve the ongoing jurisdictional conflict between the SEC and CFTC by providing clear guidelines on agency oversight for various assets.
Next was the GENIUS Act, proposing the first federal framework for stablecoins. It achieved a broader approval margin with a vote of 308-122, including 102 Democratic votes.
The final measure, the Anti-CBDC Surveillance State Act, passed with the narrowest margin at 219-210, with only two Democrats backing it. This bill prevents the Federal Reserve from issuing a U.S. central bank digital currency, igniting fervent debates about privacy and government overreach.
The successful passage of these bills followed an earlier setback when Congress was unable to advance all three measures. Some representatives voiced concerns regarding consumer protection and potential conflicts linked to President Trump’s activities in the digital asset space.
With all three bills now secured in the House, attention shifts to the next stages of the legislative process.
What happens next?
The GENIUS Act has already been passed by the Senate and is now heading to Trump’s desk, with the president signaling his commitment to expedite the process.
“Get it to my desk, ASAP — NO DELAYS, NO ADD ONS. This is American Brilliance at its best, and we are going to show the World how to WIN with Digital Assets like never before,” he declared back in June.
A signing ceremony is scheduled for Friday, marking the stablecoin legislation as the first significant crypto law in U.S. history. It will require issuers to maintain 1:1 reserves, undergo regular audits, and adhere to both state and federal regulations.
As for the CLARITY Act and the Anti-CBDC bill, both will now move to the Senate for deliberation. The CLARITY Act is expected to proceed, although there may be changes concerning SEC and CFTC oversight. The Anti-CBDC bill might encounter additional hurdles due to its limited backing and significant opposition from privacy advocates in the Senate.
Industry stakeholders see these developments as a pivotal breakthrough. Ripple CEO Brad Garlinghouse remarked on the GENIUS Act’s passage as “historic,” emphasizing it positions the U.S. as a frontrunner in global innovation.
However, opposition remains. U.S. Senator Elizabeth Warren, a long-standing critic of the industry, recently denounced the bills as “not doing anything,” arguing they could “blow up” the economy if not properly enforced. This perspective highlights potential challenges ahead, yet the overall sentiment within the industry remains optimistic that the U.S. is finally entering a long-awaited pro-crypto regulatory era.
