US House Prepares Major Crypto Legislation for July Vote

• The US House will vote on three major crypto bills from July 14-18, 2025. 

• The Clarity Act creates legal frameworks for digital assets, and the GENIUS Act regulates stablecoins with federal oversight. 

• These bills aim to end regulatory uncertainty and keep crypto innovation in America instead of overseas.

The United States House of Representatives will consider groundbreaking cryptocurrency legislation during a dedicated crypto week scheduled for July 14-18, 2025. Three significant bills aim to establish comprehensive federal oversight for digital assets and blockchain-based payment systems.

During a recent Fox News interview, Congressman French Hill, who chairs a key financial services committee, announced the legislative package. The proposed regulations address years of regulatory uncertainty that have plagued the cryptocurrency industry in America.

Clarity Act Targets Digital Asset Framework

The Clarity Act represents the centerpiece of the legislative effort. This bill establishes clear operational guidelines for investors, brokers, and entrepreneurs working within the cryptocurrency ecosystem. The legislation defines legal structures for digital asset markets and protects against inadvertent law violations.

Hill emphasized that current regulatory ambiguity leaves market participants uncertain about compliance requirements. Companies struggle to determine which assets qualify as securities and which regulatory agencies have jurisdiction over their operations. The proposed framework eliminates these gray areas through specific definitions and oversight mechanisms.

The bill also addresses tax implications and risk assessments that confuse cryptocurrency users. By establishing clear parameters, the legislation aims to foster legitimate innovation while maintaining consumer protection standards.

GENIUS Act Focuses on Stablecoin Oversight

The second major piece of legislation, known as the GENIUS Act, targets dollar-backed payment tokens commonly called stablecoins. Despite their central role in cryptocurrency finance, these digital assets operate without federal oversight.

The bill outlines comprehensive requirements for stablecoin issuance, management, and supervision. Federal agencies will gain authority to regulate these tokens under the new framework. This oversight addresses concerns about monetary stability and consumer protection in the rapidly growing stablecoin market.

Hill noted that stablecoins have become essential infrastructure for digital payments and decentralized finance applications. The legislation ensures these tools can continue developing under proper regulatory supervision.

The legislative package includes the Anti-CBDC Surveillance State Act, which restricts potential government development of central bank digital currencies. This bill reflects concerns about financial privacy and government overreach in digital payment systems.

Hill’s committee has spent months developing these proposals in response to industry demands for regulatory clarity. The congressman believes the timing is appropriate given growing pressure from businesses and investors seeking definitive rules.

The legislation aims to prevent American cryptocurrency projects from relocating overseas due to regulatory uncertainty. Hill views these measures as essential for maintaining the United States’ leadership in global financial innovation as traditional finance increasingly adopts blockchain technology.

The success of these bills could establish the foundation for American cryptocurrency policy for years ahead. The crypto industry has long waited for this level of legislative attention to resolve operational uncertainties.