US House Stalls Crypto Genius Act—Killing Clarity & Anti-CBDC Progress in 2025

Washington drops the ball—again—on crypto legislation.

Lawmakers just punted the Crypto Genius Act into regulatory purgatory, leaving the industry without clear rules or protections against a Fed-issued digital dollar. The failed vote marks another setback for market certainty at a time when institutional adoption is surging.

Key casualties: The Clarity Act (which would’ve defined crypto’s legal status) and Anti-CBDC Act (blocking Fed-controlled stablecoins). Both now join the growing graveyard of unfinished crypto reforms.

Meanwhile, Wall Street banks—still charging 2% custody fees for Bitcoin they don’t even understand—quietly cheer the status quo.

Rep. of Georgia, Marjorie Taylor Greene voted no to the bill citing that the Senate did not include Trump’s executive order which is a ban on the Central Bank Digital Currency. She explained that the Senate left that out and Speaker Johnson did not allow them to amend the bill. Therefore, she voted no to the Crypto Genius Act, Clarity, and Anti-CBDC Act.

she wrote on X.

I just voted NO on the Rule for the GENIUS Act because it does not include a ban on Central Bank Digital Currency and because Speaker Johnson did not allow us to submit amendments to the GENIUS Act.

Americans do not want a government-controlled Central Bank Digital Currency.… pic.twitter.com/NnkeIOH0dE

Genius Act, Clarity & Anti‑CBDC Act Falls Flat During ‘Crypto Week’

The Genius Act, Clarity, and Anti‑CBDC Act failed on the floor during the Crypto Week promoted by the White House. Crypto-based stocks like Circle (CRCL) and Coinbase (COIN) tanked after the bill failed to make it to legislation. While Circle dipped nearly 10 points, Coinbase fell close to 6 points. However, it did not affect Bitcoin’s price much as the cryptocurrency is trading at the $117,000 level. Even Ethereum climbed above the $3,100 mark despite the Act failing on the floor.