Key Takeaways:
- The US House passed three major crypto bills: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act, reflecting growing legislative momentum.
- The GENIUS Act received bipartisan support and could be signed into law by Friday, while the Anti-CBDC bill passed with a narrow vote, highlighting partisan divides.
- Republicans led the legislative push, aligning with pro-crypto rhetoric, while some Democrats, including Maxine Waters, warned of potential risks to consumer protections.
The US House of Representatives has passed three major cryptocurrency bills ahead of its August recess, signaling a significant step in digital asset regulation.
The Digital Asset Market Clarity (CLARITY) Act passed with a 294-134 vote to establish a clearer market structure.
🇺🇸 ALL THREE #BITCOIN CRYPTO BILLS HAVE PASSED THE HOUSE.
— Vivek⚡️ (@Vivek4real_) July 17, 2025
– CLARITY ACT (294-134)
– GENIUS ACT (308-122)
– ANTI-CBDC ACT (219-210)
HISTORIC DAY TODAY!!! pic.twitter.com/CRtrleByP3
The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act saw even broader support at 308-122.
The more divisive Anti-CBDC Surveillance State Act, opposing a central bank digital currency (CBDC), narrowly passed 219-210, highlighting partisan divisions.
These votes marked the culmination of Republican-led efforts during what they dubbed “crypto week,” closely aligned with President Donald Trump’s pro-crypto stance.
Debate temporarily stalled as some GOP members demanded a clause to fully prohibit CBDC development.
Industry advocates praised the outcome – Blockchain Association CEO Summer Mersinger called the Anti-CBDC bill a stand for “privacy, market competition, and individual financial freedom.”
However, Democratic opposition remained strong.
Representative Maxine Waters criticized the bills, warning they could lead to deregulation, consumer risk, and repeat the 2008 financial crisis.
The GENIUS Act could be signed into law by Friday if left unamended, while the CLARITY and Anti-CBDC bills now head to the Senate for further debate.
About The Author
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
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