US House Passes Landmark Stablecoin and Crypto Regulatory Bills

The US House of Representatives has approved the GENIUS Act, establishing a federal framework for stablecoin regulation. In a parallel move, lawmakers passed the Clarity Act, which creates a classification system for digital assets as either commodities or securities under CFTC and SEC oversight respectively.

President Trump is expected to sign both bills imminently, marking the first major cryptocurrency legislation enacted in the United States. The administration has positioned this as a strategic move to cement US leadership in global digital asset governance.

Market participants view the regulatory clarity as a watershed moment for institutional adoption. The bills address longstanding uncertainty that has hindered mainstream financial engagement with cryptocurrencies.