US House Passes Landmark Crypto Legislation: GENIUS, Clarity, and Anti-CBDC Acts

The US House of Representatives has approved three pivotal bills—GENIUS, Clarity, and Anti-CBDC Acts—marking the first comprehensive federal regulatory framework for digital assets. The legislation now heads to President Trump for final approval, signaling a watershed moment for crypto adoption.

The Clarity Act resolves long-standing jurisdictional ambiguities by classifying digital assets as either commodities (CFTC-regulated) or securities (SEC-regulated). This delineation provides much-needed certainty for market participants.

Stablecoins take center stage with the GENIUS Act, which formalizes their role in financial infrastructure. Meanwhile, the Anti-CBDC Act prohibits the development of central bank digital currencies for cross-border transactions—a contentious stance as other nations embrace CBDCs.