The U.S. House of Representatives has declared the week of July 14 as “Crypto Week.” During this week, the representatives will establish clear rules for the digital asset landscape in the country. Special sessions will be held in which all the lawmakers will vote on three crypto-focused, high-impact bills. The bills include the GENIUS Act, the Anti-CBDC Surveillance State Act, and the CLARITY Act.

This ingenious initiative is being led by Agriculture Committee Chairman GT Thompson and Financial Services Committee Chairman French Hill. The aim of this initiative is to provide legal certainty for blockchain technologies, stablecoins, and cryptocurrencies.

House Majority Leader Steve Scalise said, “These bills support a pro-growth, pro-innovation vision for the U.S. economy.” He also highlighted their alignment with the administration’s broader economic agenda.

Key Bills Under Discussion During “Crypto Week”

During the week of July 14, the U.S House of Representatives will vote on three major bills that have been under scrutiny for the past few weeks. These are:

The CLARITY Act

This bill aims to end the long-standing confusion over whether digital assets are securities or commodities by clearly dividing oversight responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

After strong bipartisan support in both the Financial Services Committee (32–19) and the Agriculture Committee (47–6), the bill now moves to the full House for a vote. If passed, it would create the first unified legal framework for crypto asset classification in the U.S.

The GENIUS Act

Already approved by the Senate, the Generating Essential National Infrastructure for US Act (GENIUS Act) focuses on dollar-backed stablecoins. It introduces new requirements for issuance, reserve backing, and regulatory supervision to enhance consumer protection and financial stability.

The bill aims to boost U.S. leadership in the growing global stablecoin market and encourage responsible innovation in fintech.

The Anti-CBDC Surveillance State Act

Perhaps the most controversial of the three, this bill would ban the Federal Reserve from creating a U.S. central bank digital currency (CBDC). Lawmakers behind the proposal argue that a Fed-issued CBDC could erode Americans’ financial privacy and open the door to government overreach.

The bill passed the Financial Services Committee by a narrower 27–22 vote, reflecting its partisan divide. If approved, the U.S. would become the first major economy to legislate against a national digital currency.

A Defining Moment for U.S. Crypto Regulation

This legislative package comes amid growing pressure to regulate the crypto industry, which has been plagued by enforcement uncertainty and high-profile legal disputes. Industry leaders have long called for clear, tailored regulations that protect consumers without stifling innovation. “Crypto Week” could mark a turning point. With broad support for at least two of the bills, the House is signaling its intention to bring structure and predictability to the digital asset space. The votes next week could shape the future of blockchain regulation in the U.S. and set a precedent for how other countries address digital finance.

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