Let’s Take a Look at the New U.S. Crypto Bills

The U.S. just passed a few major crypto bills: the GENIUS Act, the Digital Asset Market Clarity Act, and the Anti‑CBDC Surveillance State Act. Together, they represent a sweeping shift toward clearer and safer regulation in the digital asset space. 

The centerpiece is the GENIUS Act, now law after President Trump signed it on July 18, 2025. It sets strict rules for stablecoins, requiring them to be fully backed by U.S. dollars or Treasury assets, with monthly audits and public disclosures. Interest-bearing stablecoins are banned, and both federal and state regulators will oversee issuers.

Alongside this, the Clarity Act passed the House (294–134) and is now heading to the Senate. It divides authority: the SEC will regulate securities, while the CFTC governs digital commodities. The bill also eases the path for exchanges, DeFi platforms, and wallet services to register where appropriate. 

The third bill, the Anti‑CBDC Surveillance State Act, passed narrowly (219–210) in the House. It blocks the Federal Reserve from issuing a U.S. digital dollar, citing privacy and surveillance concerns. Essentially prevents the Fed from becoming a retail bank with access to individual citizens’ financial data. 

All three of these bills represent a new stepping stone in the financial space of America. Cryptocurrency isn’t some long-shot idea anymore, and it has been taking small steps into becoming something normalized. People are changing their lives from a decentralized blockchain that’s filled with real money that real people use. Now, the federal government is taking the proper steps to make that process easier for Americans to thrive.

Why It Matters

Crypto markets surged a couple of weeks ago, when Bitcoin hit a record of approximately $ 123K. Ether is also ticking up, and altcoins like Solana and XRP are posting double-digit gains. Investors welcomed regulatory clarity from major institutions, including Coinbase and Robinhood.

The GENIUS Act is the first major federal law in the U.S. focused entirely on stablecoins—a type of cryptocurrency that’s supposed to maintain a stable value, usually pegged to the U.S. dollar.