Crypto Week from July 14. Credit score: Alesia Kozik, Pexels
On Thursday, July 3, U.S. Home Monetary Companies Chair French Hill (AR-02), Agriculture Chair GT Thompson (PA-15), and Home Management formally declared the week of July 14, 2025, as “Crypto Week.”
The Home is scheduled to vote on three main payments aimed toward shaping America’s digital asset panorama:
- The CLARITY Act – establishing guidelines for digital asset markets
- The Anti-CBDC Surveillance State Act – banning a U.S. central financial institution digital forex
- The GENIUS Act – launched by the Senate, targeted on stablecoins and innovation
Chairman Hill mentioned the trouble would “safeguard customers and traders, present guidelines for the issuance and operation of dollar-backed fee stablecoins, and completely block the creation of a Central Financial institution Digital Forex (CBDC) to safeguard People’ monetary privateness.”
He added: “We’re taking historic steps to make sure the US stays the world’s chief in innovation… I thank my colleagues in Congress and the Trump Administration for his or her partnership” (Home Committee on Monetary Companies).
Laws tied intently to Trump’s crypto agenda
Home Speaker Mike Johnson (LA-04) framed Crypto Week as a supply on President Trump’s digital asset agenda.
“Home Republicans are taking decisive steps to ship the total scope of President Trump’s digital belongings and cryptocurrency agenda,” Johnson mentioned. “I look ahead to President Trump signing them into regulation.”
Majority Chief Steve Scalise (LA-01) echoed this: “These items of laws additional the President’s pro-growth and pro-business agenda… I look ahead to getting these items of laws to the President’s desk.”
Majority Whip Tom Emmer (MN-06) mentioned the payments would defend monetary freedom and particular person privateness: “By sending these three items of laws to President Trump’s desk, we are going to defend People’ proper to monetary privateness… A brand new day for American excellence has lastly arrived.”
Home and Senate Republicans push crypto dominance
Chairman GT Thompson referred to as the payments overdue and the product of years of enter from specialists. “Repeatedly, we’ve got heard the requires regulatory readability and certainty on this ecosystem,” he mentioned. “It’ll quickly be time for the Home to ship for the American individuals and ship CLARITY to the Senate.”
Senator Tim Scott (R-SC) praised the trouble: “We’ve got an actual alternative to cement American dominance in digital asset innovation whereas defending customers and preserving monetary freedom.”
Senator John Boozman (R-AR) welcomed continued coordination between Home and Senate leaders: “I look ahead to continued work on this vital goal.”
A number of Senate Republicans signalled help for Crypto Week, hinting the laws might move each chambers.
Senator Invoice Hagerty (R-TN) referred to as the second a “pivotal milestone,” including: “These items of laws are very important to making sure America is on the forefront of innovation within the digital asset area.”
Senator Cynthia Lummis (R-WY) praised Trump’s management and mentioned: “As we rejoice Crypto Week, I’m thrilled to companion with Chairman Hill and Chairman Thompson… Collectively, we’re going to keep America’s aggressive edge.”
A key proposal, the Anti-CBDC Surveillance State Act, would block any U.S. central financial institution digital forex, citing issues over monetary surveillance.
Rep. Bryan Steil (WI-01) mentioned banning CBDCs was important: “Passing stablecoin and market construction laws, alongside a CBDC ban, will make sure the U.S. wins the Web3 race.”
Rep. Dusty Johnson (SD-AL) mentioned regulation would “enable that innovation to develop and thrive,” thanking each Home and Senate leaders for backing the agenda.
Background
Crypto Week is the results of years of bipartisan committee work:
- June 2025: CLARITY Act handed Home Monetary Companies (32-19) and Agriculture Committees (47-6)
- Might 2025: Joint roundtable held on digital asset market construction
- April 2025: STABLE Act and Anti-CBDC Act handed by full Home committees
- February–June 2025: A number of op-eds and public hearings printed/held by Hill, Thompson, Emmer, and Steil
- Might 2024: Home handed the Monetary Innovation and Expertise for the twenty first Century Act (FIT21) and the unique Anti-CBDC invoice
- 118th Congress: Greater than 10 hearings and a number of bipartisan votes established momentum for 2025 laws
What’s subsequent?
With Crypto Week set to start Monday, July 14, lawmakers hope to advance all three payments and ship them to the Senate by the tip of the month.
Chairman Hill expressed hope the Senate will act by September to finalise the framework.
Business specialists weigh in on worth affect
Business analysts say Crypto Week might carry important market motion.
- A transparent regulatory framework could possibly be seen as a constructive, fuelling renewed investor confidence.
- Analysts from FXStreet warn that “progress across the payments might set off an increase in digital belongings like Bitcoin, Ethereum and Solana.”
- In brief, Crypto Week might spark a major worth transfer – both upward if lawmakers ship readability, or downward if the payments fall wanting expectations.
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