Crypto Bill Vote Today: Everything You Need to Know About July 17, 2025’s Landmark Decision

Last updated: 2025-07-17
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On July 17, 2025, the U.S. House of Representatives is holding a historic vote on the Digital Asset Market Structure Modernization Act, a sweeping crypto regulation bill. Touted as the most significant piece of cryptocurrency legislation in U.S. history, today’s crypto bill vote could reshape everything from how Bitcoin is taxed to how stablecoins are issued and how DeFi apps are regulated.
As crypto traders, investors, and blockchain developers around the world closely watch Washington D.C., this article will walk you through:

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What Is the Crypto Bill Being Voted on Today?

The bill in question, officially titled the Digital Asset Market Structure Modernization Act of 2025, is a bipartisan proposal introduced to finally offer clear federal guidelines for cryptocurrencies.

Key Goals of the Bill:
•Define whether digital assets are securities or commodities
•Assign jurisdiction to the SEC or the CFTC
•Establish rules for stablecoins
•Impose new tax reporting obligations
•Introduce regulatory requirements for DeFi protocols
In short, the bill aims to remove the legal ambiguity that has plagued the crypto industry and led to multiple lawsuits, exchange shutdowns, and regulatory confusion.

Timeline: What Led to the Crypto Bill Vote Today?

Here’s a brief timeline of how we got to today’s vote:
Date Event
Jan 2025 Draft framework introduced by Rep. Patrick McHenry and Sen. Kirsten Gillibrand
Mar 2025 Joint hearings held by House Financial Services Committee
May 2025 Crypto industry feedback incorporated
July 10, 2025 Bill approved at committee level
July 17, 2025 Full House vote scheduled for 2 PM ET
The momentum around the bill accelerated after several high-profile lawsuits involving Coinbase, Binance.US, and Ripple, making regulatory clarity a top priority for lawmakers.

What’s in the Crypto Bill Voted on Today?

The bill addresses five key areas that impact nearly every sector of the crypto market:
1. Asset Classification
•Cryptos like Bitcoin and Ethereum will be classified as commodities
•ICO tokens and pre-sales may still be treated as securities
•Creates a third category: “digital assets with hybrid functionality”
2. Stablecoin Regulation
•Requires all stablecoins to be backed 1:1 by liquid assets
•Mandates licensing of stablecoin issuers through the Federal Reserve
•Outlaws algorithmic stablecoins that don’t meet transparency standards
3. DeFi and DAOs
•Certain DeFi platforms must implement KYC and AML features
•Decentralized Autonomous Organizations (DAOs) may be subject to disclosures
•Smart contracts over a specific threshold to be audited
4. Taxation and Reporting
Long-tail keyword: crypto tax bill vote today
•Introduces simplified tax reporting for crypto exchanges
•Clarifies that staking, lending, and mining income are taxable
•Exchanges must issue 1099 forms to U.S. residents
5. Investor Protection Measures
•Mandatory disclosures before new token listings
•Imposes custodial insurance requirements
•Expands SEC authority to pursue fraud in token sales

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How Will Today’s Crypto Bill Vote Affect the Market?

 Immediate Impacts
•Traders expect volatility regardless of the vote outcome
•A “YES” vote may lead to a temporary price pump due to regulatory clarity
•A “NO” vote may cause short-term uncertainty, especially in altcoins
Sectors Most Affected
•DeFi tokens could see sell pressure if KYC mandates are enforced
•Stablecoin volumes may shift to U.S.-licensed issuers like Circle (USDC)
•Non-compliant offshore exchanges may face bans
Bullish Sentiment If Passed
•Institutions prefer legal certainty; this bill could unlock billions in new investment
•More spot ETF approvals may follow due to clearly defined regulatory roles

Market Watch: Crypto Prices Ahead of the Vote

Bitcoin (BTC) $62,980 +1.2%
Ethereum (ETH) $3,460 +2.4%
XRP $0.71 +5.1%
Solana (SOL) $147.40 -1.0%
Chainlink (LINK) $18.90 +1.6%

Bitcoin and Ethereum are seeing gains on optimism that the vote will pass. XRP continues to rise, partially due to the legal clarity it may receive from today’s decision.

Will the Crypto Bill Pass Today?

Prospects of Passing:
•Backed by both Republican and Democratic lawmakers
•Supported by major crypto firms like Coinbase, a16z, and Kraken
•Lawmakers seeking global competitiveness in the digital asset space
Potential Hurdles:
•Concerns over privacy rights in DeFi regulations
•Opposition from hardline regulators wary of crypto’s risks
According to Capitol Hill insiders, the vote is expected to pass the House with a slim majority, with the Senate vote to follow next week.

Real-Time Reactions From the Crypto Industry

•Brian Armstrong (Coinbase CEO): “The future of finance is being decided today. Regulation brings stability. Let’s do it right.”
•Uniswap Labs: Expressed cautious optimism but stressed the need for better clarity in DeFi rules.
•The Blockchain Association: Praised the bill as “the most meaningful step toward regulatory certainty in years.”
•Kraken: Released a statement supporting the bill but requesting clearer guidance on wallet surveillance policies.

What You Should Do as a Crypto Investor Today

Action Reason
  •  Stay Informed Follow updates via C-SPAN or Twitter
  • Avoid High Leverage Expect price swings after the vote
  • Use Limit Orders Avoid slippage due to volatility
  • Review Portfolio Consider exposure to stablecoins or DeFi assets
  • Plan for Taxes Begin organizing records for staking, lending, etc.

Where to Watch the Crypto Bill Vote Live

•C-SPAN Live Feed: https://www.c-span.org
•U.S. House Live Updates: https://www.house.gov
•Twitter Hashtags: #CryptoVote #CryptoBill2025 #DigitalAssetBill
•Crypto Media Coverage:
•CoinDesk
•Decrypt
•The Block

What’s Next After Today’s Crypto Vote?

If the bill passes in the House, here’s what’s next:
1.Senate Deliberation (Late July 2025):

•Possible amendments or changes

2.Presidential Signature (Expected August 2025):

•Likely to be signed into law within weeks

3.Implementation Timeline:
•Tax and KYC rules begin rolling out in Q1 2026

•Stablecoin issuer licensing starts in Q2 2026

4.Agency Guidelines Published:
•CFTC and SEC to issue operational rules within 180 days

Frequently Asked Questions (FAQs)

1. What is being voted on today in Congress related to crypto?
The U.S. House is voting on the Digital Asset Market Structure Modernization Act, aiming to regulate crypto, stablecoins, and DeFi platforms.
2. What happens if the crypto bill passes?
If passed, the bill goes to the Senate and could become law by August. It would trigger a full regulatory framework starting in 2026.
3. Is crypto being banned in the U.S.?
No. The bill regulates crypto to encourage responsible innovation. It does not ban cryptocurrencies.
4. How will today’s vote affect Bitcoin?
A “yes” vote may result in positive price action due to increased investor confidence and legal clarity.
5. Can I still trade crypto if the bill passes?
Yes, but your trading activity will be subject to stricter reporting, taxation, and platform compliance.

Conclusion: A New Era for Crypto Starts Today?

The crypto bill vote today marks a crucial turning point in the evolution of digital finance. Whether you’re a casual trader, NFT creator, DAO builder, or institutional investor, the outcome of this vote could:
•Impact the regulatory treatment of your assets
•Change how and where you can legally trade crypto
•Determine the future of DeFi, stablecoins, and blockchain innovation in the U.S.
With the eyes of the crypto world fixed on Washington, D.C., one thing is clear: Crypto is no longer a fringe asset—it’s now a policy priority.
Stay tuned, stay informed, and most importantly—stay ready.

For more detailed market analysis, strategies, and educational resources, visit BTCC Academy and stay ahead of the curve in the rapidly evolving crypto space.

 


How to Trade Crypto on BTCC?

This brief instruction will assist you in registering for and trading on the BTCC exchange.

Step 1: Register an account

The first step is to hit the “Sign Up” button on the BTCC website or app. Your email address and a strong password are all you need. After completing that, look for a verification email in your inbox. To activate your account, click the link in the email.

 

Create an Account

 

Step 2: Finish the KYC

The Know Your Customer (KYC) procedure is the next step after your account is operational. The main goal of this stage is to maintain compliance and security. You must upload identification, such as a passport or driver’s license. You’ll receive a confirmation email as soon as your documents are validated, so don’t worry—it’s a quick process.

 

Complete KYC

 

 

Step 3. Deposit Funds

After that, adding money to your account is simple. BTCC provides a range of payment options, such as credit cards and bank transfers. To get your money into your trading account, simply choose what works best for you, enter the amount, and then follow the instructions.

  • Fiat Deposit. Buy USDT using Visa/Mastercard (KYC required).
  • Crypto Deposit. Transfer crypto from another platform or wallet.

 

Deposit Funds

 

Step 4. Start Trading

If you wish to follow profitable traders, you might go for copy trading, futures, or spot trading. After choosing your order type and the cryptocurrency you wish to trade, press the buy or sell button. Managing your portfolio and keeping track of your trades is made simple by the user-friendly interface.

 

Start Trading

 

Look more for details: How to Trade Crypto Futures Contracts on BTCC

 

BTCC FAQs

Is BTCC safe?

Based on its track record since 2011, BTCC has established itself as a secure cryptocurrency exchange. There have been no reports of fraudulent activity involving user accounts or the platform’s infrastructure. By enforcing mandatory know-your-customer (KYC) and anti-money laundering (AML) procedures, the cryptocurrency trading platform gives consumers greater security. For operations like withdrawals, it also provides extra security features like two-factor authentication (2FA).

Is KYC Necessary for BTCC?

Indeed. Before using BTCC goods, users must finish the Know Your Customer (KYC) process. A facial recognition scan and legitimate identification documents must be submitted for this process. Usually, it is finished in a few minutes. This procedure has the benefit of strengthening the security of the exchange and satisfying legal requirements.

Because their accounts will have a lower daily withdrawal limit, those who do not finish their KYC are unable to make deposits. It should be noted that those who present a legitimate ID without a facial recognition scan will likewise have restricted withdrawal options.

Is There a Mobile App for BTCC?

Indeed. For users of iOS and Android, BTCC has a mobile app. The exchange’s website offers the mobile app for download. Since both the web version and the mobile app have the same features and capabilities, they are comparable.

Will I Have to Pay BTCC Trading Fees?

Indeed. BTCC levies a fee for trade, just like a lot of other centralised exchanges. Each user’s VIP level, which is unlocked according to their available money, determines the different costs. The BTCC website provides information on the charge rates.

Can I Access BTCC From the U.S?

You can, indeed. According to its website, BTCC has obtained a crypto license from the US Financial Crimes Enforcement Network (FinCEN), which enables the cryptocurrency exchange to provide its services to investors who are headquartered in the US.

According to BTCC’s User Agreement document, its goods are not allowed to be used in nations and organisations that have been sanctioned by the United States or other nations where it has a licence.

 

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