- U.S. House sets July 14 as Crypto Week for key votes.
- CLARITY Act aims to bring clear rules for American crypto markets.
- GENIUS Act sets firm guidelines for U.S. dollar-backed stablecoins nationwide.
- Anti-CBDC bill seeks to block Federal Reserve from issuing digital currency.
The United States House of Representatives has announced that the week of July 14, 2025, will be known as “Crypto Week.” During this week, lawmakers will debate and vote on three major pieces of digital asset legislation. These bills are the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act.
CLARITY Act Seeks Clear Rules for U.S. Crypto Regulation
First of all, the CLARITY Act, or the Digital Asset Market Clarity Act, is expected to establish transparent regulations of the crypto market in the United States. It will determine what regulations the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) would impose on crypto. It also obliges digital asset firms to disclose more information to investors and segregate customer money from company money.
Meanwhile, the GENIUS Act will also come to the table. This bill was enacted in the middle of June and aims to establish control over stablecoins that have U.S. dollar backing. It establishes guidelines on how such stablecoins ought to be issued and operated. It also stipulates how reserves are supposed to be held in order to cushion the consumers. Numerous legislators believe that this bill will not only allow the U.S. stablecoin market to grow but will also maintain it safe to all investors and users.
Further, the House is to consider the Anti-CBDC Surveillance State Act. This bill is supposed to prevent the Federal Reserve from issuing or creating a U.S. central bank digital currency (CBDC). Many legislators fear that the introduction of CBDC will enable the government to monitor the spending of people too much. Proponents argue that the act safeguards the right to money privacy amongst Americans. The U.S. would be the first big nation to prohibit its central bank from issuing a digital currency in case it becomes law.
Crypto Week Vote May Shape U.S. Crypto Rules for Decades
Many leaders in Congress believe “Crypto Week” is a historic chance for America to shape the future of crypto. Majority Whip Tom Emmer termed this as a turning point to American innovation. According to him, approving such bills would allow guarding privacy, enhancement of free markets, and the U.S. becoming the crypto capital of the globe. Chairman Glenn Thompson also opined that the CLARITY Act is well past due and he expressed his gratitude to his colleagues in pushing it along.
Meanwhile, Senate advocates are well prepped as well. Senator Cynthia Lummis says Wyoming has led crypto innovation for years. She believes America must now follow Wyoming’s lead nationwide. On the other hand, Senator Tim Scott agrees the U.S. can lead global digital asset development. He says President Trump’s leadership can help America reach that goal. According to numerous Republican legislators, the bills offered the U.S. a definitive guideline to compete in the Web3 economy.
These bills are not welcomed by everyone, though. A few Democrats have lamented the cozy relationship between crypto companies and President Trump. Reporters claim that his family has made hundreds of millions on cryptocurrencies and tokens. Nevertheless, the House is cast pressing on with the votes.
Ultimately, there is a possibility that Crypto Week will influence the future of crypto management by the U.S. many years later. Congressmen claim to act to preserve privacy, encourage innovation, and keep America at the forefront. In case these bills pass, it will reach the Senate and eventually the desk of President Trump. The whole crypto world will be anxiously waiting to see what happens as the debates will be set in motion on July 14.
