For the first time, the U.S. House of Representatives is kicking off “Crypto Week,” a five-day focus on cryptocurrency laws that could reshape how digital assets are regulated in the U.S. Starting July 14, lawmakers will vote on three big crypto-related bills. These decisions could give the fast-growing industry the clarity it has been asking for, or keep it stuck in the same uncertain rules.
What Are the Three Bills?
The first is the GENIUS Act, a bill that focuses on stablecoins—cryptos tied to the U.S. dollar. It would require stablecoin companies to fully back their tokens with real cash or U.S. Treasuries. They must also share monthly reserve reports and complete yearly audits. Last month, the U.S. Senate passed the GENIUS Act with a strong 68-30 bipartisan vote
The second one is the CLARITY Act. This bill settles a long-running debate over which U.S. agency should oversee crypto. It would put most crypto exchanges under the Commodity Futures Trading Commission (CFTC), not the SEC. It also adds basic protections for customers. Similarly, the U.S. House Agriculture Committee has voted 47–6 to advance the Digital Asset Market CLARITY Act.
Last but not least, the Anti-CBDC Surveillance State Act, a bill that would stop the Federal Reserve from launching a central bank digital currency (CBDC). Supporters say a government-run digital dollar could invade people’s financial privacy. The bill already passed a committee and now heads for a full vote in the House.
House leaders aim to finish voting by July 18. If these bills pass, they’ll move to the Senate for more debate. If they fail, the crypto industry might stay stuck in limbo, waiting for regulation once again.
“Crypto Week” comes after months of discussion and pressure from both the crypto industry and policymakers. A major federal report on crypto is also expected in the next few days. The outcome of this week could decide whether the U.S. leads or lags in the global crypto race. Every crypto enthusiast is waiting for this week, which can make history for crypto in America.
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