Trump To Sign Historic Crypto Legislation As House Greenlights 3 Key Bills
The U.S. House of Representatives passed three landmark cryptocurrency bills on July 17, 2025, signaling a watershed moment for digital asset regulation. The GENIUS Act, focusing on stablecoins, now heads to President Donald Trump's desk—potentially becoming the first major crypto law enacted. Bipartisan support exceeded expectations, with the CLARITY Act passing 294-134, including 78 Democratic votes.
Senate approval remains uncertain. TD Cowen analyst Jaret Seiberg warns the real battle lies in overcoming filibuster threats through bipartisan compromise. Market participants shouldn't expect clarity on Senate proceedings until late 2025 or early 2026. The final legislative language will determine whether this becomes transformative policy or symbolic gesture.
