On July 17, 2025, the U.S. Congress approved three significant cryptocurrency bills that may change the regulation of digital assets in the country.
Legislation Details
The U.S. Congress passed three notable bills: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Act. These pieces of legislation aim to regulate digital assets and protect consumers. The approval of these bills has garnered wide attention from lawmakers and the crypto community.
Reactions from Lawmakers and Experts
Representative Maxine Waters opposed the bills, arguing that they harm national interests. She characterized them as a 'gift-wrapped invitation for Trump,' highlighting their lack of transparency. Conversely, lawmakers such as French Hill and Bryan Steil supported the legislation, emphasizing its importance for innovation in digital assets.
Market Impact of Legislation
The new legislative initiatives are expected to bring greater clarity to the regulation of digital currencies and exchanges. This could impact the dynamics of cryptocurrencies like BTC and ETH, as well as major stablecoins. The passage of the bills may encourage increased institutional involvement and confidence in the U.S. digital asset industry.
The newly passed bills could mark a breakthrough in the regulation of digital assets and lead to significant changes in the cryptocurrency market. Their ongoing impact will be crucial for the development of blockchain technologies and digital asset management in the country.
