US House Officially Passes GENIUS, Clarity Act Stablecoin Bills
The US House of Representatives has officially passed the GENIUS Act, a new bill establishing a regulatory framework for stablecoins. House lawmakers in Washington were due to convene on Thursday afternoon to consider passing the stablecoin bill and another that would develop a regulatory framework for cryptocurrencies more broadly. The bill will now go to the White House, where US President Donald Trump is expected to sign the new bill soon.
BREAKING:
— Watcher.Guru (@WatcherGuru) July 17, 2025US House officially passes 'Genius Act' crypto stablecoin bill.
The House of Representatives also passed the Clarity Act, which lays out a framework to categorize digital assets as either commodities, to be overseen by the Commodity Futures Trading Commission, or securities, under the jurisdiction of the Securities and Exchange Commission. In a year that has been dominated by crypto, the passage of these two bills is a major victory for the digital assets industry, marking the first major crypto law enacted in the United States.
New Crypto Laws To Imminently Take Effect in the US
The US administration under Donald Trump has backed the cryptocurrency domain officially. Trump has delivered serious protection to the rising cryptocurrency sector, adding that he wants the US to take the lead in governing the digital asset domain on a global platform. This development has given birth to a new infrastructural alignment that will play an instrumental role in defining the role of cryptocurrency in the current global financial regime.
Also Read: How the Clarity, Genius, & Anti-CBDC Acts Will Reshape US Crypto
Now passed, these bills can deliver a credible boost to the cryptocurrency domain, delivering the sector a much-needed legal identity structure and format. This will help in inspiring other nations to seek inspiration from the US’s legal format, triggering a chain reaction of sorts that may help increase the influx of users interacting with the cryptocurrency domain. The last bill left up for debate is the Anti-CBDC Act, intended to restrict the creation of cross-border digital currencies, or CBDCs.
Several experts expect Trump to sign the approved crypto legislation into law as soon as this Friday, likely all at once. His administration has been largely pro-crypto, and these bills would be the biggest steps towards making the US what he wants to call “The Crypto Capital of the World.”
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US House Officially Passes GENIUS, Clarity Act Stablecoin Bills
The US House of Representatives has officially passed the GENIUS Act, a new bill establishing a regulatory framework for stablecoins. House lawmakers in Washington were due to convene on Thursday afternoon to consider passing the stablecoin bill and another that would develop a regulatory framework for cryptocurrencies more broadly. The bill will now go to the White House, where US President Donald Trump is expected to sign the new bill soon.
BREAKING:
— Watcher.Guru (@WatcherGuru) July 17, 2025
The House of Representatives also passed the Clarity Act, which lays out a framework to categorize digital assets as either commodities, to be overseen by the Commodity Futures Trading Commission, or securities, under the jurisdiction of the Securities and Exchange Commission. In a year that has been dominated by crypto, the passage of these two bills is a major victory for the digital assets industry, marking the first major crypto law enacted in the United States.
New Crypto Laws To Imminently Take Effect in the US
The US administration under Donald Trump has backed the cryptocurrency domain officially. Trump has delivered serious protection to the rising cryptocurrency sector, adding that he wants the US to take the lead in governing the digital asset domain on a global platform. This development has given birth to a new infrastructural alignment that will play an instrumental role in defining the role of cryptocurrency in the current global financial regime.
Also Read: How the Clarity, Genius, & Anti-CBDC Acts Will Reshape US Crypto
Now passed, these bills can deliver a credible boost to the cryptocurrency domain, delivering the sector a much-needed legal identity structure and format. This will help in inspiring other nations to seek inspiration from the US’s legal format, triggering a chain reaction of sorts that may help increase the influx of users interacting with the cryptocurrency domain. The last bill left up for debate is the Anti-CBDC Act, intended to restrict the creation of cross-border digital currencies, or CBDCs.
Several experts expect Trump to sign the approved crypto legislation into law as soon as this Friday, likely all at once. His administration has been largely pro-crypto, and these bills would be the biggest steps towards making the US what he wants to call “The Crypto Capital of the World.”
Read More