U.S. Senate Prepares September Vote on Key Crypto Legislation Including Anti-CBDC Act
The U.S. Congress has advanced three pivotal cryptocurrency bills—the GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act—with President Trump already signing the GENIUS Act into law. The remaining bills face Senate approval in September 2025, marking a critical month for crypto regulatory clarity.
The CLARITY Act aims to establish the first federal framework for stablecoins, addressing anti-money laundering controls and foreign issuer restrictions. It delineates regulatory jurisdiction and creates new asset classifications, with the Senate Banking Committee targeting a final draft by September 30. The bill promises to foster innovation by resolving regulatory uncertainties and enhancing consumer protections.
Concurrently, the Anti-CBDC Act seeks to bar the Federal Reserve from developing a retail central bank digital currency without explicit congressional authorization. This measure, debated as part of broader financial reforms, reflects growing legislative scrutiny over digital currency infrastructure.