U.S. House Nears Vote on Three Pivotal Crypto Bills: GENIUS, Clarity, and Anti-CBDC Acts
The U.S. House of Representatives is poised to advance three landmark cryptocurrency bills in coming days, each addressing critical regulatory gaps. The GENIUS Act, already Senate-approved, establishes a federal framework for stablecoin oversight—potentially becoming the first crypto-specific law enacted. Meanwhile, the Clarity Act draws jurisdictional lines between the SEC and CFTC for digital asset regulation, a move Bitwise's Katherine Dowling calls "long-awaited" by the industry.
Most controversially, the Anti-CBDC Act seeks to ban central bank digital currencies outright, framing them as surveillance threats. "A government-issued CBDC without cash-like privacy WOULD erode fundamental freedoms," proponents argue. Passage of any bill would mark a watershed moment for crypto's legal infrastructure in America.