Just ahead of its August break, the U.S. House of Representatives greenlit three significant cryptocurrency-related bills, overcoming earlier GOP disagreements over central bank digital currencies (CBDCs).
On Thursday, lawmakers passed the Digital Asset Market Clarity (CLARITY) Act in a 294–134 vote, aiming to define a clear regulatory framework for digital assets. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act followed with a 308–122 majority, while the more contentious Anti-CBDC Surveillance State Act passed by a narrower 219–210 margin.
Despite Democratic skepticism, nearly 80 party members backed the CLARITY Act and over 100 supported the GENIUS Act, signaling bipartisan momentum. These votes were part of what Republicans dubbed “crypto week,” aligning with President Donald Trump’s pledge to fast-track pro-crypto policies.
However, voting was temporarily delayed on Wednesday as GOP lawmakers negotiated for stronger language barring CBDC development in the U.S. The internal standoff caused hours of gridlock before consensus was reached.
Crypto Industry Applauds Legislative Progress
The digital asset community largely welcomed the outcome, praising it as a major step forward. Yet the anti-CBDC bill, which drew the least Democratic support, may continue to fuel partisan tensions.
Summer Mersinger, a former CFTC commissioner and now CEO of the Blockchain Association, described the Anti-CBDC vote as a positive signal for financial privacy and free-market values.
Not everyone was on board. Representative Maxine Waters of California urged her Democratic colleagues to reject the bills, warning they would weaken consumer protections and open doors for financial manipulation. Waters held a press event earlier in the week branding the GOP push as “anti-crypto corruption week,” criticizing what she framed as a pro-industry, pro-Trump agenda.
“These Republican proposals would erode safeguards in our financial system and increase the risk of another crisis like 2008,” Waters said.
Trump is expected to sign the GENIUS Act into law by Friday, barring any changes since its Senate approval in June. The CLARITY and Anti-CBDC acts will now move to the Senate for further consideration and potential revisions before reaching the President’s desk.
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