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

Summary

Lawmakers are prioritizing cryptocurrency legislation following the passage of President Trump's 'Big Beautiful Bill.' House Republicans will initiate “Crypto Week” starting July 14, focusing on three key bills: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. This effort aims to establish a regulatory framework for digital assets, enhance consumer protections, and prevent the Federal Reserve from issuing a central bank digital currency. The CBDC Anti-Surveillance State Act previously passed the House Financial Services Committee, while the CLARITY Act has cleared both the House Financial Services and Agriculture Committees. The GENIUS Act awaits a House vote after passing the Senate. Advocates emphasize that these bills will bolster financial privacy and U.S. leadership in blockchain innovation. The initiative reflects a broader shift in federal policy towards digital assets, aligning with state-level legislation, particularly in Wyoming.