Highlights:
- House schedules July 14–18 as “Crypto Week” to advance major crypto legislation.
- Key focus areas include stablecoin regulation, market structure, and a CBDC ban.
- The move continues Trump’s push for a clear, pro-crypto legal framework.
The U.S. House of Representatives designated July 14–18 as “Crypto Week,” when three major cryptocurrency bills will be brought to a vote. House leaders French Hill, Glenn Thompson, and Speaker Mike Johnson jointly announced that three major crypto-related bills are scheduled for a vote during the upcoming legislative week. These include the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate-approved GENIUS Act.
Speaker Mike Johnson stated that House Republicans are moving forward with important efforts to support the full vision of former President Trump’s digital assets and cryptocurrency agenda. The push gained momentum after Trump urged quick passage of the GENIUS Act before the August recess.
🚨NEW: Chairman @RepFrenchHill, @HouseAgGOP Chairman @CongressmanGT, and House Leadership announced that the week of July 14th will be “Crypto Week,” where the CLARITY Act, Anti-CBDC Surveillance State Act, and GENIUS Act will be considered. @SpeakerJohnson @SteveScalise… pic.twitter.com/vIUoGaoSy1
— Financial Services GOP (@FinancialCmte) July 3, 2025
GENIUS Act Takes Priority Over STABLE Act
The House is now focusing on the Senate’s GENIUS Act instead of its own STABLE Act. Since the Senate approved the GENIUS Act last month, a House vote could send it to Trump to sign.
However, legal experts say the House may still change parts of the bill, like who can issue stablecoins and how rules are enforced. If the House makes any changes, the bill must go back to the Senate for approval. Some critics say it favors traditional finance and weakens DeFi, but it’s expected to be central to Trump’s stablecoin dollar strategy.
CLARITY Act Targets Crypto Regulations
The CLARITY Act, a crypto market rules bill, moved forward on June 10 after approval by two House committees. If approved by both the House and Senate, the bill could soon land on Trump’s desk. The bill defines which agency—the SEC or CFTC—handles different crypto assets. It also requires most crypto exchanges to register with the CFTC and follow rules on user fund safety, clear reporting, and proper recordkeeping.
Anti-CBDC Bill Aims to Block Government’s Digital Dollar Plans
The final bill the House will review is the Anti-CBDC Surveillance State Act, which has a matching bill in the Senate to move things faster. The bill would completely block the Federal Reserve from developing, testing, or issuing any form of digital currency. It also blocks the Fed from giving financial services directly to people.
The bill was first introduced by House Majority Whip Tom Emmer, but it expired after passing the House in May last year. Emmer reintroduced the bill in the current Congress, and the House Finance Committee approved it in April. However, the Senate version is still pending in the Senate Banking Committee.
This bill may not seem as urgent as the others, but Republicans still aim to pass it during Trump’s time in office. All three proposals are expected to spark major debate during Crypto Week, and those in the crypto space should watch closely for updates.
Best Crypto Exchange
- Over 90 top cryptos to trade
- Regulated by top-tier entities
- User-friendly trading app
- 30+ million users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.