Crypto News
| Published On Jul 4, 2025 9:29 am CEST | By Daniel Li

GOP Moves Forward on Trump Backed Crypto Agenda

Share

House Republican leaders are preparing to focus on crypto regulation during a dedicated Crypto Week from July 14 to 18, where three key bills will be reviewed. Speaker Mike Johnson, along with House Finance Chair French Hill and Agriculture Chair Glenn Thompson, confirmed the initiative on Thursday.


Good to know

  • The House will review the GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act during Crypto Week.
  • The GENIUS Act could move straight to President Trump if passed without changes.
  • Lawmakers may still amend the GENIUS Act or merge it with the STABLE Act.

The three bills set to be considered are the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. Speaker Johnson described the effort as part of a broader push to deliver on President Trump’s digital assets agenda.

“House Republicans are taking decisive steps to deliver the full scope of President Trump’s digital assets and cryptocurrency agenda,” Johnson said. “During ‘Crypto Week,’ the House looks forward to the timely consideration of three landmark pieces of legislation.”

Trump recently urged lawmakers to pass the GENIUS Act, which regulates stablecoins, before the August recess. Although the House already passed a similar measure called the STABLE Act in May, the GENIUS bill—already approved by the Senate—appears to have more momentum.

Get 125% / $2,500 on 1st deposit!
New players only. Exclusive Welcome Bonus of up to $2,500
Casino & Sports

GENIUS vs STABLE: Oversight and next steps

The GENIUS and STABLE Acts differ primarily in how they treat regulatory oversight. The House’s STABLE bill favors federal control of stablecoin issuers, while the GENIUS Act leans toward state-level regulation.

Legal experts at Pillsbury Law said the House might still amend the GENIUS bill’s language around issuer eligibility and compliance rules. If any changes are made, the bill would return to the Senate for approval. Some analysts also suggest that a reconciliation committee might be needed to merge the two versions before final passage.

If the House approves the GENIUS Act without changes, it would go straight to President Trump’s desk.

CLARITY and Anti-CBDC bills also in focus

The CLARITY Act, passed through committee on June 10, outlines how crypto assets should be regulated and which agencies—the SEC or CFTC—should have jurisdiction. It also requires most crypto exchanges to register with the CFTC, while setting rules for customer fund protection, disclosures, and recordkeeping.

350% or 5BTC + 150 Spins!
New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins
Casino

Also on the agenda is the Anti-CBDC Surveillance State Act, which would prohibit the Federal Reserve from creating or testing any form of central bank digital currency. First introduced by House Majority Whip Tom Emmer, the bill passed in the House last year but expired before Senate approval. Emmer reintroduced it this year, and the House Finance Committee passed the new version in April.

Democrats have largely opposed both the GENIUS and CLARITY Acts, citing President Trump’s growing presence in the crypto space through projects tied to his brand.

Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.