US House May Pass Crypto Bills By July 17
The post US House May Pass Crypto Bills By July 17 appeared on BitcoinEthereumNews.com.
As Crypto Week enters its second day, new information has surfaced, indicating that the three crypto bills in focus this week may pass as early as July 17. This comes amid the U.S. House’s move to round up procedural votes, which would pave the way for a passage vote. Final Passage Vote On Crypto Bills To Come This Crypto Week In an X post, journalist Eleanor Terrett revealed that the final passage votes on the crypto bills are likely to come on July 16 or 17. This marks a major development as the crypto industry looks forward to its first major regulatory framework. As CoinGape reported, the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act are the three crypto bills in focus during this Crypto Week. Terrett mentioned that the House will hold a procedural vote today to establish the terms of floor debate for these crypto bills. This step follows the House Rules Committee’s approval of these three crypto bills. If the U.S. House passes these bills, the GENIUS Act will head to the president’s desk, as the Senate has already passed it. Meanwhile, the CLARITY Act and Anti-CBDC Surveillance State Act would move to the Senate for similar deliberation before potentially advancing to Trump’s desk for assent. French Hill Comments On the Need To Pass These Bills During a Rules Committee hearing, Rep. French Hill emphasized the urgent need for reform in the digital asset space. He also noted that Crypto Week is a landmark opportunity to modernize U.S. crypto oversight. Hill spoke on the CLARITY Act (H.R. 3633) as contained in a video shared by the Financial Services Committee on X. He described the current U.S. regulatory environment as “broken” and warned that America risks falling behind global markets. Hill said the bill aims to stop regulation-by-enforcement and…
Filed under: News - @ July 15, 2025 7:28 pm