Three different encrypted bills Possible to pass The House of Representatives in the next few days: The Genius Act, The Clarity Act and The Anti-CBDC Act.
“Guiding and Building Stable National Innovation in the United States in 2025” (genius) ACT will establish a framework to oversee stablecoins. it It’s over The Senate, therefore, has a great chance to be the first cryptocurrency-centric bill signed by the federal government as law.
“Digital Asset Market Clarity Method in 2025” (clear) At the same time, ACT is a more flesh-hearted legislation Will create Clear jurisdictional boundaries between the Securities and Exchange Commission (SEC) and Commodity Futures Trade Commission (CFTC) In the regulation of digital assets.
Katherine Dowling, general counsel for Bitwise, told Coindesk that the crypto industry has been waiting for the bill.
Despite multiple hearings, the bill has not yet been in the Senate, hoping that the legislation will sign it into law by the end of the year.
As for the Anti-CBDC Surveillance State Act, it will prohibit The United States has created its own central bank digital currency.
“If it weren’t for the sake of openness, permissionless and private (similar to cash), the government-issued CBDC is nothing more than an Orwellian surveillance tool that would be used to erode the American lifestyle. We wouldn’t let that happen.” Posted Back to spring. The bill also has no peers in the Senate.
These three legislations are expected to pass housing with bipartisan support. This will be a huge win for the industry. She believes bills are not perfect, but even an imperfect framework will remove current regulatory ambiguity and help cryptocurrency companies operate in the U.S., where rough attractions are likely to be smoothed over time.
“Other countries are already playing, and we are still wearing shoes,” she told Coindesk, but Washington has quickly changed its attitude towards cryptocurrencies since Donald Trump’s re-election and former SEC chairman Gary Gensler’s departure.
“You have to keep that momentum going. It’s really important to mark it as a “crypto week” and put it as part of the president’s agenda,” she said.
