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    Home»Ethereum»House GOP Declares ‘Crypto Week’ to Advance Landmark Digital Asset Bills
    Ethereum

    House GOP Declares ‘Crypto Week’ to Advance Landmark Digital Asset Bills

    dogcryptoBy dogcryptoJuly 4, 2025No Comments3 Mins Read
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    In brief

    • The House will push forward on three major crypto bills during the week of July 14, including the CLARITY Act and the Anti-CBDC Surveillance State Act.
    • Lawmakers say the legislation will provide regulatory certainty for digital assets and prevent the issuance of a U.S. central bank digital currency.
    • The move forms part of President Trump’s broader agenda to position the United States as the global leader in crypto innovation.

    Lawmakers are expected to push for further legislative victories this month following the passage of President Donald Trump’s ‘Big Beautiful Bill’ on Thursday. 

    This time, policymakers will focus on crypto.

    To that end, House Republicans will attempt to move the needle forward on three industry-specific bills during their freshly announced  “Crypto Week,” beginning July 14.

    The move is a coordinated legislative effort to pass key digital asset bills in the U.S. House of Representatives in the coming weeks and months, forming part of a broader GOP-led initiative to position the U.S. as a global leader in crypto and financial technology under the Trump administration.

    In a post on X, the chairs of the House Financial Services and Agriculture Committees announced that they will now shift their attention to the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act.

    “After years of dedicated work in Congress on digital assets, we are advancing landmark legislation to establish a clear regulatory framework for digital assets,” House Committee on Financial Services Chairman French Hill (R-AR) said in a statement.

    Those frameworks include safeguarding consumers and establishing regulatory clarity while prohibiting the Federal Reserve from issuing a central bank digital currency.

    “Time and again, we have heard the calls for regulatory clarity and certainty in this ecosystem,” House Committee on Agriculture Chair GT Thompson (R-PA) added. “The House Agriculture and Financial Services Committees worked together to deliver CLARITY, and it will soon be time for the House to deliver for the American people and send CLARITY to the Senate.

    In April, the CBDC Anti-Surveillance State Act passed out of the US House Financial Services Committee with a 27-22 vote.

    In June, the CLARITY ACT, which would strip the U.S. Securities and Exchange Commission of oversight power related to the crypto industry, was cleared by the House Financial Services and Agriculture Committees. That same month, the GENIUS Act was passed by the U.S. Senate. The bill now awaits a vote in the House.

    Rep. Tom Emmer (R-Minn.), a leading advocate for crypto in the House, said passing the bills will defend financial privacy and reinforce U.S. dominance in blockchain innovation, making the U.S. a global leader in crypto.

    “American innovators are one step closer to having the clarity they need to build here at home while ensuring the future of the digital economy reflects our values of privacy, individual sovereignty, and free-market competitiveness,” Emmer said. 

    For others, Crypto Week marks a shift in the federal government’s stance on digital assets, one that aligns with legislation already enacted across several states.

    “In Wyoming, we have worked for nearly a decade to embrace digital assets, and it is exciting to see the federal government beginning to follow in the Cowboy State’s footsteps,” Senator Cynthia Lummis (R-WY) said.

    “As we celebrate crypto week, I am thrilled to partner with Chairman Hill and Chairman Thompson to pass comprehensive stablecoin legislation, establish clear market structure rules, and ensure that any central bank digital currency respects Americans’ privacy and financial freedom.”

    Edited by Sebastian Sinclair

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