TLDR
- The U.S. House passes the GENIUS Act, set to regulate stablecoins and ensure issuer transparency.
- The CLARITY Act clears the House, defining SEC and CFTC roles in crypto regulation.
- President Trump endorses the GENIUS Act, emphasizing U.S. leadership in the digital asset market.
- The CLARITY Act aims to create a clear crypto framework, boosting institutional and retail confidence.
The U.S. House of Representatives has passed two significant pieces of cryptocurrency legislation, the CLARITY Act and the GENIUS Act, marking a pivotal moment for the crypto industry. These bills aim to bring much-needed regulatory clarity and structure to the rapidly growing digital assets market.
The GENIUS Act, which addresses stablecoin regulations, is expected to soon become law after passing the House. Meanwhile, the CLARITY Act, which focuses on market structure, now heads to the Senate for further debate and consideration.
GENIUS Act Set to Become Law After House Approval
The GENIUS Act, a crucial piece of legislation regulating stablecoins, has successfully passed the U.S. House of Representatives after a lengthy debate. The bill aims to ensure stablecoin issuers like Tether, Circle, and Ripple maintain accurate reserves, providing greater stability and confidence in the digital asset market.
The bill is now set to be signed into law by President Donald Trump, who has played an active role in advocating for its passage.
This legislative victory follows intense procedural battles, with a ten-hour vote preceding the final passage. Despite this, the stablecoin bill secured broad support, with 294 representatives voting in favor and 134 opposing.
🚨NEW: The CLARITY Act just passed the House in a vote of 294-134 with 78 Democrats voting in favor — more than double the ~35 expected, and more than the 71 who voted to pass FIT21 last year.
This is a really big win for crypto.
Now, onto GENIUS.
— Eleanor Terrett (@EleanorTerrett) July 17, 2025
Trump’s involvement, particularly in convincing GOP holdouts, was instrumental in advancing the bill. He has praised the legislation for positioning the U.S. ahead of China and Europe in the global digital asset race.
The GENIUS Act’s passage marks a major step toward greater regulatory clarity in the crypto industry. With the bill heading to the White House for Trump’s signature, the stablecoin market is poised for more oversight and stability, benefiting both issuers and users alike.
CLARITY Act Clears the House, Heads to the Senate
The CLARITY Act, another crucial piece of legislation for the crypto industry, passed the House with bipartisan support. The bill defines the jurisdictional boundaries between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), aiming to clarify how digital assets should be regulated.
Under the CLARITY Act, assets will be classified as either securities or “digital commodities,” with clear guidelines on how each type of asset should be treated.
One of the major objectives of the CLARITY Act is to create a clear regulatory framework that facilitates both retail and institutional investment in crypto assets. It includes provisions for standardized registration requirements, disclosure obligations, and investor protection mechanisms.
The bill also seeks to recognize decentralized blockchain networks, ensuring that users’ rights to self-custody their digital assets are protected. While the bill received strong support in the House, it now faces a challenging debate in the Senate, where there are concerns about the scope and potential conflicts of interest.
Trump Expresses Support for CLARITY Act’s Regulatory Framework
The CLARITY Act, which passed the House, aims to provide a clearer framework for cryptocurrency regulation. It seeks to define the roles of the SEC and CFTC in overseeing digital assets, ending long-standing regulatory ambiguity.
While the bill faces a challenging path in the Senate, President Trump supports it, believing it will strengthen U.S. leadership in the global crypto market. The CLARITY Act is designed to boost trust, attract institutional investors, and protect consumers by introducing registration requirements, disclosure obligations, and investor protections.
Although the bill passed the House with bipartisan support, its future in the Senate remains uncertain. In the coming weeks, the Senate’s decision on the CLARITY Act will be closely watched, alongside President Trump’s expected signing of the GENIUS Act, marking a major shift in U.S. cryptocurrency regulation.
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