Donald Trump promised a crypto-friendly government during his campaign to become President, and with what’s happened recently, it seems he may even be overdelivering on that promise. US Republican leaders have announced that they will set aside a week to discuss three key crypto bills. Many people may not realize how significant this news is, but it is really a big deal in the crypto world.
Crypto could barely get a hearing in the Senate a few administrations ago, and now it’s getting a whole week in the House? Even better, they named it “Crypto Week!” Who would have thought? Definitely not a lot of people. Three key Republican members of the House, House Finance Committee Chair French Hill, House Agriculture Committee Chair Glenn Thompson, and Speaker Mike Johnson were the ones who announced the decision to set aside the crypto week.
🚨NEW: Chairman @RepFrenchHill, @HouseAgGOP Chairman @CongressmanGT, and House Leadership announced that the week of July 14th will be “Crypto Week,” where the CLARITY Act, Anti-CBDC Surveillance State Act, and GENIUS Act will be considered. @SpeakerJohnson @SteveScalise… pic.twitter.com/vIUoGaoSy1
— Financial Services GOP (@FinancialCmte) July 3, 2025
The crypto week would last from July 14 to 18, and it would be used to examine just three key crypto bills: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act. The first is a crypto market structure bill, the second is a bill on central bank digital currencies (CBDCs), and the third is a stablecoin bill.
Although the three Republican members of the House are in the spotlight, Trump also gets a shout-out. Glenn Johnson, the House speaker, has said:
“House Republicans are taking decisive steps to deliver the full scope of President Trump’s digital assets and cryptocurrency agenda.”
What Are These Bills All About?
The CLARITY Act, the first of the bunch, passed through the House panel with a sweeping 47-6 in June. The Act’s purpose is to set clear lines between crypto commodities and securities. It’s one of those long-awaited bills that’s expected to clear up the uncertainty associated with crypto for the longest time.
The GENIUS Act also received a sweeping vote. The US Senate passed the Act 68-30. It is the first major federal step to regulate stablecoins and shape crypto policy, and it has been hinted at as the top priority during crypto week.
The Anti-CBDC Surveillance State Act passed the US House Financial Services Committee with only a 27-22 vote in April. It might not have gotten the sweeping results the others did, but it made it past the line. The Act would block the creation of a federal digital dollar.
As is the usual practice with Acts of these levels, there are mixed feelings. The crypto industry is certainly happy that crypto is getting some clarity. Republicans also say that an unclear legal framework is bad for business, as it stifles innovation and makes all the crypto innovators move abroad. Democrats, on the other hand, do not exactly love the idea. They have pointed out the obvious conflict of interest, seeing as President Trump is heavily involved in crypto, having made about $620 million from his many crypto endeavors. Whatever side of the divide you are on, one thing is sure: everyone is looking forward to what happens in “Crypto Week”.
Kristian Koch
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