US Congress Crypto Showdown 2025: The Most Aggressive Digital Asset Push in History
Washington braces for a seismic week in crypto regulation—lawmakers are rolling out their most ambitious framework yet. Will it ignite innovation or strangle it with red tape?
Subheader: The Bills That Could Reshape Crypto
Three key proposals hit the floor this week, targeting everything from stablecoin oversight to DeFi compliance. Lobbyists whisper this could be the make-or-break moment for US crypto dominance.
Subheader: Wall Street vs. Satoshi's Ghost
Traditional finance titans are circling—some want a piece of the action, others want the whole sector buried. Meanwhile, Bitcoin maximalists are sharpening their pitchforks.
Closing Thought: In a town where pork-barrel politics meets disruptive tech, expect fireworks—and probably a last-minute rider bailing out some failing bank nobody knew was crypto-exposed.
Crypto Week Kicks Off with Tornado Cash Trial
Crypto week is scheduled to start today with the U.S. v Roman Storm case that puts the founder of Tornado Cash on trial for money laundering.
The next immediate step is the likely passage of the GENIUS Act, a Senate-originated bill focused on regulating stablecoins.
Bitcoin Economic Calendar for the week of July 14th ("Crypto Week"):
Monday: Start of the Tornado Cash Trial, U.S. House of Representatives meetings to review the "Anti-CBDC Surveillance State" Act, the "Digital Asset Market Clarity" Act of 2025, and the "GENIUS" Act
Tuesday:… pic.twitter.com/SARipkbi80
House Republicans have indicated they will advance the Senate version without amendments to expedite its arrival at President Trump’s desk. This would mark the first major crypto legislation to clear both chambers of Congress.
A broader market structure bill, the CLARITY Act, authored by Financial Services Chair French Hill, is also scheduled for a vote. Unlike the GENIUS Act, the CLARITY bill faces more uncertainty.
GOP lawmakers are seeking bipartisan support to demonstrate viability in the Senate, where 60 votes are required. Last year, 71 Democrats supported a similar proposal. That number may shrink due to opposition tied to the TRUMP administration’s crypto involvement.
House Democrats, including Maxine Waters, are expected to resist Hill’s bill unless additional governance provisions are added. “Anti-Crypto Corruption Week” is the label some are using to push back against what they view as conflicts involving Trump-linked crypto ventures.
Major Votes on Crypto Regulation
Meanwhile, a third proposal seeks to prohibit a U.S. central bank digital currency. It is unlikely to advance in the Senate, according to lawmakers familiar with the process.
Rep. Warren Davidson, a Republican who generally supports crypto policy, posted on X that he will vote against the GENIUS Act, calling the strategy to separate the bills “designed to ultimately fail.”
“[The bills] will protect investors, consumers, and make America, as President Trump wants, a leader in financial technology and crypto and digital assets innovation,” Hill said.
The House Rules Committee meets today to set the voting schedule. Decisions this week will help determine whether the current legislative environment delivers long-standing industry priorities or stalls again due to political divisions.
Frequently Asked Questions (FAQs)
What’s at stake beyond legislation?If passed, these bills could redefine the U.S. regulatory approach to crypto for years, influencing how stablecoins are issued, which agencies oversee tokens, and whether digital dollars are allowed to exist.
How does this impact existing crypto firms?If the bills advance, exchanges, stablecoin issuers, and custodians may face streamlined federal compliance obligations, replacing the current patchwork of state-level requirements.
Could this affect CBDC plans in other countries?If the U.S. formally rejects a CBDC through legislation, it could create divergence from international monetary authorities exploring central bank digital currencies.
