U.S. House Advances Crypto Legislation to Senate Consideration

A pivotal legislative day occurred on Thursday as the U.S. House of Representatives passed the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act, signaling substantial progress in crypto regulation.

These measures are significant for providing a framework expected to elevate the crypto sector and its market competitiveness. The legislative efforts aim to encourage digital asset innovation and user protection while reducing regulatory inconsistencies.

U.S. House Passes CLARITY and Anti-CBDC Acts

The House’s passage of three major cryptocurrency-related bills represents a shift in regulatory approach in the U.S., reflecting the growing importance of digital assets in economic policy. House Majority Leader Steve Scalise played a leading role in advancing the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act. This legislative activity has been backed by Rep. Patrick McHenry and Rep. GT Thompson, emphasizing their ongoing commitment to crypto market structure reforms.

Immediate implications involve the GENIUS Act awaiting President Trump’s signature, while the CLARITY Act and the Anti-CBDC Act proceed to the Senate. These steps highlight a noticeable policy shift since the policies under the Biden administration. Experts anticipate increased investor confidence and institutional interest due to anticipated regulatory clarity.

“The White House is preparing for the passage of the GENIUS Act today and plans to hold a signing ceremony at 2:30 p.m. Eastern Time tomorrow, inviting industry leaders and lawmakers to attend.” — Eleanor Terrett, Journalist

Positive Market Response as BTC Hits $119,709

Did you know? The GENIUS Act is parallel in impact to the 2024 FIT 21 Act, which significantly enhanced U.S. crypto industry clarity and spurred notable institutional participation.

According to CoinMarketCap data as of July 18, 2025, Bitcoin (BTC) was trading at $119,709.52, with a market cap of $2.38 trillion. It recorded a 24-hour trading volume of $70.65 billion, experiencing a price increase of 0.56% in 24 hours, and a 41.8% gain over 90 days. The total circulating supply stands at 19,893,765 against a max supply of 21 million.

The Coincu research team speculates that these legislative developments may enhance the sector’s attractiveness, driving venture investment and further institutional engagement. Historical analysis indicates stablecoin and DeFi markets could benefit significantly, leveraging new frameworks to capitalize on heightened security and regulatory support.