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US House Progresses Three Crypto Bills Following Lengthy Procedural Standoff

Highlights:

  • House passes key resolution reviving three major crypto bills after earlier failure.
  • GENIUS Act may reach Trump’s desk this week after clearing the Senate last month.
  • GOP shift on CBDC ban clears path for CLARITY and Anti-CBDC bills to advance.

The U.S. House of Representatives has moved forward with three key crypto bills. These include the GENIUS Act, the Clarity Act, and the Anti-CBDC bill. A floor vote could happen as soon as Thursday. Late Wednesday night, around 11 p.m., House Resolution 580 was passed by a 217-212 vote. This resolution allows lawmakers to review several bills.

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The vote lasted more than nine hours, making it the longest in House history. It broke the previous record set just earlier this month during the vote on Trump’s major tax and spending package, known as the One Big Beautiful Bill Act. Lawmakers said the delay mainly happened due to the importance of the CLARITY Act and GENIUS Act, along with ongoing private discussions behind the scenes. This happened after Tuesday’s failure, caused by Republicans not fully agreeing with each other.

Key Crypto Bills Move Forward

One of the bills, known as the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, is designed to create clear rules for stablecoin regulation. It already passed the Senate last month and could now be on track to reach President Donald Trump’s desk before the week ends. 

Another key proposal is the Digital Asset Market Clarity Act, which aims to build a broader framework for regulating digital assets. It seeks to clearly define the responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Alongside this, lawmakers are reviewing the Anti-CBDC bill, which is intended to prevent the Federal Reserve from directly launching a central bank digital currency for public use. However, both of these bills still require approval through a Senate vote before they can move forward.

GOP Divided on CBDC Ban

Journalist Eleanor Terrett said the delay happened because Republicans didn’t all agree. Some wanted to add anti-CBDC rules to the Clarity Act, but the bill’s authors were against it. They said it could hurt support from both parties. The problem was solved when House Leader Scalise said on Wednesday that Republicans will add the CBDC ban to a defense bill called the National Defense Authorization Act (NDAA).

According to PunchBowl News, House Majority Leader Steve Scalise said the House might vote on the GENIUS Act and CLARITY Act separately as early as Thursday. However, Speaker Mike Johnson noted that votes on bills besides the GENIUS Act could be delayed until Friday or even next week.

This week in Washington, called “Crypto Week,” is very important for crypto in the U.S. These bills could change how the industry works and shape future rules. The breakthrough happened after long talks and when Donald Trump asked Republicans to support the crypto bills.

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