The US House passes CLARITY, GENIUS and Anti-CBDC crypto bills
Crypto industry celebrates legislative breakthrough as the House advances long-awaited regulatory clarity.
The US House of Representatives has passed three major cryptocurrency bills, marking a significant shift in regulatory momentum.
Lawmakers voted overwhelmingly in favour of the Digital Asset Market Clarity (CLARITY) Act and the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The Anti-CBDC Surveillance State Act narrowly passed along more partisan lines.
The CLARITY Act seeks to define a market structure for digital assets, while the GENIUS Act focuses on creating a framework for stablecoin issuance.
The controversial Anti-CBDC bill seeks to ban a central bank digital currency, citing Republican fears of surveillance and government overreach. Despite some internal party disagreements, the Republican-led push gained support from dozens of Democrats.
Crypto industry leaders hailed the votes as a major win for innovation, privacy, and individual financial freedoms. Trump’s influence was evident in what Republicans dubbed ‘crypto week,’ highlighting his promise to promote digital asset adoption if re-elected.
The GENIUS Act could be signed into law imminently, while the CLARITY and anti-CBDC bills now await Senate debate and potential amendments.
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