US EditionHouse Approves the GENIUS Act and Two Crypto-Related Bills
UNITED STATES, JUL 17 – The House passed three bills creating clearer crypto regulations and banning a Federal Reserve digital dollar, with bipartisan support and Trump backing the crypto industry’s growth.
- On July 17, 2025, the U.S. House approved three bills including the GENIUS Act to regulate digital currencies and establish stablecoin protections, sending them to President Trump for signing.
- The bills passed after intense debate and delays caused by GOP opposition and internal disagreements about combining legislation amid what Republicans called 'crypto week'.
- The GENIUS Act defines digital assets as commodities, securities, or stablecoins and splits regulatory authority between the SEC and CFTC, while an anti-CBDC bill bans the Fed from issuing a digital currency.
- House Majority Whip Tom Emmer praised the legislation as historic and transformative, and the bills passed with strong Republican support and mixed Democratic backing amid concerns of weak consumer safeguards.
- The new laws mark a regulatory milestone that advocates say boosts crypto legitimacy with stablecoin protections, while Trump officials reportedly hold over $193 million in crypto assets, underscoring the administration's deep ties to the industry.
79 Articles
79 Articles
House passes three crypto bills with varying Democratic support
Following two days of struggles to overcome procedural hurdles, the House passed three bills Thursday that would shape how digital assets operate and are overseen, marking a breakthrough for the sector and sending one of the bills immediately to President Donald Trump for signing. Almost every Republican backed each bill, while Democratic support varied by measure. One of the bills would establish regulations for stablecoins, a crypto token that…
House passes bills that Maxine Waters dubbed a 'full-scale crypto con'
The House of Representatives on Thursday passed a trio of bills related to cryptocurrency regulations.The three bills passed along bipartisan lines despite fierce opposition from Rep. Maxine Waters, D-Calif., the top Democrat on the House Financial Services Committee.Waters called the bills "a full-scale crypto con" and accused Republicans of trying to enrich President Donald Trump, who has promoted an eponymous digital currency called $TRUMP. T…
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