Congress’ Crypto Week: 3 Key Bills Poised for House Vote

- House to vote on pivotal crypto regulation bills. - Measures aim to secure U.S. leadership in digital assets. On July 16, 2025, Rep. French Hill (R-Ark.) announced that the House of Representatives has the votes needed to advance three critical cryptocurrency bills during Congress’s highly anticipated “Crypto Week.” This legislative push aims to deliver much-needed regulatory clarity for the digital asset industry and to position the United States as a global leader in financial technology. According to CoinDesk, the three bills—the GENIUS Act, the Digital Asset Market Clarity Act, and the Anti-CBDC Surveillance State Act—each focus on distinct regulatory challenges. The Senate has already cleared the GENIUS Act, which targets stablecoin regulation. The act mandates that issuers must fully back their tokens with U.S. dollars or liquid assets and subjects issuers with market capitalizations over $50 billion to annual audits. The Digital Asset Market Clarity Act seeks to harmonize oversight by defining the regulatory roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). In addition, the bill proposes mandatory retail financial disclosures and requires firms to segregate corporate funds from customer assets to boost investor protection. Meanwhile, Majority Whip Tom Emmer (R-Minn.) spearheads the Anti-CBDC Surveillance State Act, which aims to restrict the federal government from issuing a central bank digital currency (CBDC) without explicit congressional authorization. The bills have faced hurdles. On July 15, a preliminary vote stalled due to resistance from House conservatives. However, dissenting members reversed their opposition following a meeting with President Donald Trump. This change cleared the way for Speaker of the House Mike Johnson to schedule individual votes on the measures, signaling renewed optimism for the package’s passage. If enacted, these bills will provide the regulatory certainty the crypto industry seeks. This certainty could entice more institutional investment, strengthen consumer protections, and affirm the U.S. as a key innovator in the digital asset space. Policymakers and market participants are closely watching the outcome of this legislative milestone.