US House Passes Landmark Crypto Legislation Including GENIUS, CLARITY, and Anti-CBDC Bills

The US House of Representatives delivered a historic victory for the cryptocurrency industry on Thursday, passing three pivotal bills: the GENIUS Act, CLARITY Act, and Anti-CBDC legislation. The GENIUS bill, which establishes a federal regulatory framework for stablecoins, cleared the House with overwhelming bipartisan support (308-102) and now awaits President Trump's signature.

White House Press Secretary Karoline Leavitt confirmed plans for a Friday signing ceremony, signaling strong executive branch endorsement. The GENIUS Act mandates dollar-backed reserves for stablecoin issuers and provides critical AML guidance—the first comprehensive crypto regulation to reach presidential approval.

Meanwhile, the CLARITY bill advances to the Senate, proposing clearer rules for digital asset markets. This legislative trifecta marks a watershed moment for crypto adoption, providing regulatory certainty that could accelerate institutional participation.