US House Passes Landmark Crypto Bills: CLARITY, GENIUS, and Anti-CBDC Acts
The US House of Representatives has ushered in a pivotal week for cryptocurrency regulation, passing three major bills that address market structure, stablecoin oversight, and a preemptive strike against a central bank digital currency. The bipartisan support signals growing legislative acceptance of digital assets.
The Digital Asset Market Clarity (CLARITY) Act passed 294-134, establishing crucial guidelines for classifying cryptocurrencies as either securities or commodities. This long-awaited framework aims to provide certainty for investors and innovators alike, though critics warn of potential regulatory loopholes.
Stablecoins take center stage with the GENIUS Act's passage, creating federal standards for dollar-pegged cryptocurrencies. Meanwhile, the Anti-CBDC legislation reflects lawmakers' concerns about government-issued digital currencies. Together, these measures represent the most significant crypto policy advancements in years.