🚀 Crypto Surges as US House Greenlights Pro-Blockchain Bill: The Future of Finance is Now

Washington just fired the starting gun for crypto's next bull run. The US House passed landmark legislation accelerating blockchain adoption—wall Street's dinosaurs didn't see this coming.

Decentralization Goes Mainstream

Politicians finally caught up with what crypto traders knew for years: blockchain isn't just for degenerate gamblers anymore. The bill slashes regulatory roadblocks that kept institutions on the sidelines.

The Fine Print (That Actually Matters)

No more vague 'guidance' from clueless regulators. The law mandates clear rules for custody, token classification, and interoperability standards. Guess Jamie Dimon's anti-crypto memo got lost in the mail.

Market makers are already front-running the news. BTC liquidity pools deepened 18% overnight as institutional order books fattened up. Meanwhile, bank stocks dipped—because nothing terrifies legacy finance like transparent settlement times.

One hedge fund MD whined about 'disrupting proven systems.' Translation: they're scared of competing with 24/7 markets that settle in minutes. Welcome to the future, boomer.

Blockchain Promotion Bill Passes US House

On Thursday, policy tracking platform Bitcoin Laws reported that the US House of Representatives passed a bill directing the US Secretary of Commerce to lead the national efforts to promote the competitiveness of the United States and the adoption of blockchain and other distributed ledger technologies (DLT).

In February, Republican Representative Kat Cammack introduced HR 1664, also known as the Deploying American Blockchains Act of 2025, to establish a Blockchain Deployment Program, aiming to develop best practices and explore the adoption of blockchain in multiple areas.

According to the bill, co-sponsored by Democratic Representative Darren Soto, the Secretary WOULD be required to serve as the President’s principal advisor for the deployment, use, application, and competitiveness of blockchain and other DLT, and take the actions necessary and appropriate to support the US leadership in this sector.

These activities include developing policies and recommendations on blockchain deployment risks, while helping promote the national security and economic security of the United States concerning blockchain technology.

Additionally, it establishes that the US Secretary of Commerce must encourage and improve coordination among Federal agencies for the deployment of these technologies to offer federal support.

If signed into law, HR 1664 would also require the establishment of advisory committees to support the adoption of blockchain technology in the first 180 days after the date of the Act’s enactment.

Following its bipartisan support, the crypto legislation was received by the Senate earlier this week to continue the legislative process.

Crypto Legislation Advances In Congress

HB 1664’s passage follows the steps of other crucial crypto legislations in Congress, which have received significant bipartisan support in the two chambers. Recently, the stablecoin-related bill, the GENIUS Act, passed the Senate’s full vote and advanced to the House of Representatives.

Meanwhile, the House’s crypto market structure bill, CLARITY Act, passed its two committee markups at the start of the month. However, the future of both legislations seemed uncertain as some lawmakers pushed to package the two bills together.

As reported by Bitcoinist, House leaders were reportedly pushing to merge the GENIUS Act and the CLARITY Act to increase the bills’ chances of passing Congress and being sent to US President Donald Trump’s desk before the August recess deadline.

Nonetheless, Senate Banking Committee Chair Tim Scott revealed a new timeline for the crypto market structure framework at a press event on Thursday, suggesting an effort to keep the bills separate.

According to WHITE House Crypto and AI Czar David Sacks’ summary of the new timeline, the legislation will be introduced before the August recess, followed by a Markup during the first week of September, and its final passage scheduled by the end of that month.

Sacks stated that “President TRUMP supports CLARITY on market structure as well as GENIUS on stablecoins,” adding that “July will be a big month, with a bill signing for GENIUS, and CLARITY going to the Senate!”