U.S. House Passes Three Crypto Bills Amid Partisan Division
U.S. House Passes Three Crypto Bills Amid Partisan Division

U.S. House Passes Three Crypto Bills Amid Partisan Division

News summary

In July 2025, the U.S. House of Representatives held a focused legislative session known as Crypto Week, during which it passed three key bills: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. These bills aim to establish clearer regulatory frameworks for digital assets, regulate stablecoins, and prohibit the creation of a U.S. Central Bank Digital Currency (CBDC), reflecting strong Republican support for crypto innovation and limited federal oversight. President Donald Trump, who blocked the issuance of a federal CBDC earlier in the year, is expected to sign some of these bills into law, despite sharp criticism from Democrats. Democratic lawmakers countered Crypto Week with Crypto Corruption Awareness Week, accusing Trump of using cryptocurrency for personal enrichment and pushing legislation to ban sitting presidents from engaging in crypto activities. Democrats also emphasize national security risks tied to cryptocurrencies and advocate for a U.S. CBDC, arguing it is essential for maintaining sovereign digital payment systems amid global competition. The legislative debate underscores deep partisan divisions over the future of crypto regulation and digital currencies in the U.S., with market participants watching closely for regulatory clarity that could impact crypto adoption and stability.

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