Breaking: House Floor Showdown—GENIUS & CLARITY Crypto Acts Face Make-or-Break Vote

Crypto's regulatory moment of truth arrives as Congress weighs two landmark bills that could reshape the industry—or kick the can down the road.

### The Bills That Could Make or Break Crypto

The GENIUS Act promises tax clarity for decentralized projects, while CLARITY aims to finally define which tokens are securities. Neither gives Wall Street the bloodbath it secretly hopes for.

### Why This Vote Matters

With billions in capital hanging in the balance, these votes could trigger a domino effect—either legitimizing crypto for institutional money or sending developers fleeing to friendlier jurisdictions. Watch for last-minute amendments that'll have lobbyists earning their Porsche payments.

### The Bottom Line

Whatever passes will likely be imperfect, overhyped, and immediately challenged in court—just like every other financial regulation. But for an industry tired of regulatory limbo, even flawed rules beat no rules at all.

Crypto Legislation To See Rare Double Vote By the House

According to the Sunday report, the congressional chamber will host a single procedural vote on both the GENIUS Act and the CLARITY Act as soon as the week of July 7.

Following the procedural vote, each bill will then go on to face its own full vote on the House floor.

Should either piece of crypto legislation pass, it WOULD mark a major step in establishing an overall regulatory framework for digital assets in the U.S.

U.S. Lawmakers Push for New Crypto Rules

News of the stablecoin bill and crypto market structure legislation’s potential advancement comes amid a growing push by U.S. lawmakers to pass clear digital asset guidelines under a new blockchain-friendly White House.

Senator Cynthia Lummis (R-WY) spoke with CNBC last week about the importance of Congress advancing both statutes following the GENIUS Act’s passage on the Senate floor earlier this month.

President TRUMP promised to make the U.S. the crypto capital of the world, and it’s our job to deliver legislation worthy of @POTUS’ signature. America can’t afford to wait. pic.twitter.com/ix1NhaVGPr

“I hope now that they’re comparing the stablecoin legislation that their Financial Services Committee passed to the GENIUS Act, we can work together to figure out a path forward for both market structure and the GENIUS Act,” Lummis said of the House of Representatives’ work on digital assets last week.

“I’m not saying combine them, but they both need to pass this year,” she continued.

Meanwhile, Senator Tim Scott (R-SC) vowed to finalize crypto market structure legislation by September 30 of this year in a fireside chat on Capitol Hill featuring fellow Senator Cynthia Lummis and the head of the President’s Council of Advisers on Digital Assets of the WHITE House, Bo Hines.

“We are committed to getting market structure done by the end of September,” Hines said in a June 26 X post. “Period.”