What To Expect from the US House’s ‘Crypto Week’
By Andrew Kessel | Published July 11, 2025
The U.S. House of Representatives has designated the week of July 14-18 as "Crypto Week," signaling a critical focus on cryptocurrency legislation and digital asset regulations. This concentrated legislative effort is expected to bring significant developments, particularly around stablecoins and the broader crypto regulatory framework.
Key Legislative Actions on the Horizon
Among the primary bills advancing is the GENIUS Act, a measure that would enable private companies to issue stablecoins—cryptocurrencies pegged one-to-one to traditional state-issued currencies such as the U.S. dollar. This bill mandates that companies back these stablecoins fully with liquid cash reserves to ensure stability and consumer protection.
The Senate passed the GENIUS Act with a strong 68-30 vote last month. If the House approves the bill during Crypto Week, it will proceed to President Donald Trump’s desk. Trump has publicly endorsed the legislation, stating on his Truth Social platform that it would “make America the UNDISPUTED Leader in Digital Assets.” Notably, Trump has connections to World Liberty Financial, a company that recently launched its own stablecoin, USD1. ### Corporate Interest in Stablecoins Grows
Interest from major corporations in stablecoins continues to grow, with retail giants Walmart and Amazon reportedly exploring the launch of their own stablecoins. Experts suggest that should these companies implement stablecoins as payment options, it could revolutionize the payments landscape. Such a move would allow these retailers to potentially bypass the substantial credit transaction fees they currently pay to major payment processors like Visa and Mastercard, thereby shifting consumer payment habits on a massive scale.
Additional Crypto Bills Under Consideration
Besides the GENIUS Act, the House is set to consider the Digital Asset Market Clarity Act. This legislation aims to establish a clear regulatory framework for cryptocurrencies, delineating the oversight responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Support for this bill includes major crypto firms such as Coinbase Global, which has invested in a six-figure advertising campaign advocating for its passage.
Furthermore, the House may debate the CBDC Anti-Surveillance State Act, a bill designed to restrict the Federal Reserve from issuing a central bank digital currency (CBDC), reflecting concerns about privacy and government surveillance tied to digital currencies.
Market Reaction and Outlook
The timing of Crypto Week corresponds with a strong performance in the cryptocurrency markets. Bitcoin, the leading cryptocurrency, has surged from below $80,000 in April to surpassing $110,000 this week, underscoring growing investor confidence amidst these legislative developments.
As Washington dives into this concentrated legislative session on cryptocurrencies, the outcomes of these votes and discussions could significantly shape the future of digital assets in the United States, affecting everything from regulatory oversight to consumer payment options.
For readers interested in developments surrounding cryptocurrency policy, “Crypto Week” represents a pivotal moment in the ongoing evolution of digital asset regulation and adoption in the United States.
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Sources:
- U.S. House Committee on Financial Services: Announcement of “Crypto Week”
- U.S. Congress: S.1582 – GENIUS Act legislative actions
- Truth Social: Statements from President Donald Trump
- U.S. House Committee on Financial Services: Digital Asset Market Clarity Act of 2025
- U.S. House Committee on Financial Services: CBDC Anti-Surveillance State Act