House Republicans Declare ‘Crypto Week’ to Advance Key Legislation

In Summary

  • House GOP sets July 14 week as “Crypto Week” to advance legislation
  • Focus on GENIUS stablecoin bill, Clarity crypto market structure act
  • Emmer bill aims to block a retail CBDC
  • Trump seeks stablecoin bill by August deadline


Catenaa, Friday, July 3, 2025- House Republicans will designate the week of July 14 as “Crypto Week,” dedicating floor time to advance major legislation related to stablecoins, crypto market regulation, and central bank digital currencies.

The announcement came Thursday from Speaker Mike Johnson, R-La., and senior House committee chairs.

The centerpiece will be the Senate-passed GENIUS Act, a stablecoin framework that requires issuers to hold full dollar reserves, undergo annual audits, and meet oversight guidelines for foreign-issued tokens.

Though the House had been developing a separate bill dubbed the STABLE Act, GOP leaders are prioritizing the GENIUS version to meet President Donald Trump’s August deadline for signing.

The move signals the House aligning more closely with Trump’s digital asset agenda. Johnson said Republicans are delivering the “full scope” of the president’s crypto priorities. Trump has backed the GENIUS Act and is reportedly eager to establish regulatory clarity that could boost private sector stablecoin growth.

Also under review is the Clarity Act, a joint effort by the Financial Services and Agriculture Committees. It outlines regulatory duties between the SEC and CFTC while requiring digital asset firms to segregate customer funds and provide disclosures to retail investors.

Finally, Majority Whip Tom Emmer, R-Minn., is pushing a bill that would block the Federal Reserve from directly issuing a central bank digital currency to Americans, citing privacy concerns.

Together, the trio of bills could reshape the regulatory landscape for crypto in the United States if passed and signed into law by President Trump.

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