House Votes on Three Crypto Bills During Crypto Week

The U.S. House of Representatives has designated the week beginning July 14, 2025, as "Crypto Week." During this period, lawmakers will vote on three significant cryptocurrency-related bills. This initiative was announced by House Speaker Mike Johnson, along with French Hill, the Chair of the Financial Services Committee, and GT Thompson, the Chair of the Agriculture Committee. The announcement comes amidst the buzz around the "Big Beautiful Bill," a massive crypto bill passed by the House with a narrow margin.

The three bills to be considered are the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. The CLARITY Act aims to provide clear guidelines for the regulation of digital assets, potentially allowing large digital currency companies to operate more freely in the U.S. and attract fresh investment while minimizing legal risks for investors. The Anti-CBDC Surveillance State Act seeks to prevent the Federal Reserve from implementing a Central Bank Digital Currency (CBDC), addressing concerns about government surveillance and financial privacy. The GENIUS Act focuses on stablecoins, establishing regulations for their issuance and use, and providing them with legal backing. This could increase the use of dollar-backed digital tokens in everyday transactions and potentially drive prices higher.

The three bills were drafted by the House's Agriculture and Financial Services Committees. Lawmakers assert that enacting these bills will safeguard users, foster innovation, and establish the U.S. as a world leader in the cryptocurrency market. For years, U.S. cryptocurrency organizations have called for clear regulations, citing the current system as too confusing and hindering business growth. Some have even moved overseas to avoid unclear laws. Crypto Week is seen as Congress' effort to address these issues and support Trump’s vision for making America the center of innovation.

Crypto Week could have a significant impact on the cryptocurrency market. Investors are closely watching the developments. If any of these bills pass, the market could react positively, with prices of major coins like Bitcoin and Ethereum potentially rising due to increased investor confidence and clearer U.S. policy. The passage of these bills could reshape the country’s role in the digital asset world and give the market a much-needed boost.