The U.S. House of Representatives has scheduled July 14–18, 2025, as “Crypto Week,” with major legislation set for debate across several regulatory fronts. During this five-day session, lawmakers will examine proposed bills aimed at defining the role of government agencies in crypto oversight, establishing stablecoin safeguards, and banning the issuance of a U.S. central bank digital currency (CBDC).
Lawmakers to Clarify Crypto Oversight with CLARITY Act
The CLARITY Act is a bipartisan proposal that defines how digital assets should be regulated under U.S. law. According to a report by CCN, this legislation establishes the legal distinction between crypto securities and commodities and seeks to resolve confusion between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
The SEC would focus on securities-related tokens, while the CFTC would oversee crypto commodities. This division of responsibility aims to reduce regulatory overlap and confusion. Without a defined boundary, crypto firms have faced regulatory challenges, enforcement actions, and legal uncertainty. By clearly assigning oversight responsibilities, the bill intends to support Web3 development while protecting consumers from fraud.
The CLARITY Act includes provisions that offer legal safe harbors for blockchain innovators. These protections are expected to enable early-stage projects to be built without facing premature regulatory barriers. This measure has gained attention due to past regulatory actions that lacked clarity. It is expected to receive priority during Crypto Week. Lawmakers see this structural framework as necessary before advancing other bills related to stablecoins or CBDCs.
Stablecoin Rules Take Shape with the GENIUS Act
The Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) passed the Senate with bipartisan support on June 18, 2025. The House will now review its framework during Crypto Week to determine the next steps.
The GENIUS Act proposes that all stablecoin issuers register with a federal agency and maintain full cash or near-cash reserves, such as U.S. Treasuries. The legislation aims to prevent insolvencies like those seen in the TerraUSD and Celsius collapses.
The bill also includes strict compliance with anti-money laundering and counter-terrorism financing regulations.
This legislation provides a legal foundation for dollar-pegged stablecoins to operate within traditional financial systems. The bill’s goal is to improve trust in stablecoin products and encourage their use by both consumers and institutions. Supporters believe it can reduce losses from unregulated products and increase access to digital dollars. The GENIUS Act forms part of a larger strategy to manage systemic risk while allowing growth in the tokenized payments sector.
Anti-CBDC Bill Seeks to Block Digital Dollar Development
The Anti-CBDC Surveillance State Act addresses rising concerns over digital surveillance through government-backed currencies. The bill proposes a permanent ban on any U.S. central bank digital currency. Proponents of the bill argue that a digital dollar would allow authorities to monitor all financial transactions. Lawmakers backing the proposal compare the model to China’s digital yuan and cite privacy risks.
This legislation does not affect private stablecoins. Instead, it creates a clear legal distinction by opposing any state-issued digital currency. If passed, the bill will ensure the federal government does not pursue a CBDC project. The ban is designed to protect financial freedom while allowing the private sector to offer digital payment alternatives. It removes future uncertainties around federal digital currency programs.
Lawmakers believe this separation supports innovation in privately issued U.S. dollar stablecoins. During Crypto Week, this bill will be debated alongside broader digital asset regulation. It has gathered strong ideological support from privacy-focused members of Congress.
Legislative Timing Places Crypto Week at a Critical Juncture
Crypto Week arrives during a period of intense focus on regulatory reform within the digital asset sector. Lawmakers are responding to years of enforcement-driven oversight and a lack of formal rules. This legislative effort addresses concerns raised by investors, developers, and institutions. The decision to bundle three major proposals into a single legislative session allows Congress to review them in sequence.
The agenda builds a foundation by first clarifying asset classifications and agency roles. From there, lawmakers can assess rules for digital dollars and anti-surveillance policies.
The timing aligns with growing calls for transparency and accountability across decentralized finance and digital payment systems.
Regulatory bodies have faced criticism for inconsistent actions and unclear guidance. These bills aim to formalize responsibilities and close legal gaps that fraudsters have used to exploit the system. Supporters say the week-long process could bring long-awaited clarity to the market.
Three-Part Framework Could Reshape U.S. Crypto Regulation
Together, the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act form a unified legal framework. Each bill serves a different function but addresses overlapping regulatory concerns. The CLARITY Act focuses on defining and separating commodities and securities within crypto markets. It gives the SEC and CFTC clear authority over their respective areas.
The GENIUS Act offers rules for the safe issuance and operation of stablecoins. It establishes strict liquidity standards, compliance requirements, and redemption rights. The Anti-CBDC bill provides finality on whether the U.S. government will launch a digital dollar. By banning it, the bill promotes the use of private alternatives backed by the U.S. dollar.
This framework could have lasting effects on blockchain policy, investor protections, and financial innovation in the U.S. Combined, these laws may reduce the need for enforcement-based regulation. They could also provide clearer paths for product development, corporate registration, and financial audits. Crypto Week is expected to initiate votes and amendments that will shape the final versions of the bills.
Congressional Action Sets Stage for Broader Policy Shifts
The designation of July 14–18 as Crypto Week signals Congress’s intention to provide structure to the evolving digital economy. By addressing three distinct issues like classification, stablecoin regulation, and digital currency oversight, lawmakers aim to reduce confusion and prevent future crises.
Congress will determine how oversight is assigned, how stablecoin reserves are protected, and whether digital dollars should exist. Each bill has implications for innovation, privacy, consumer safety, and the role of federal regulators.
Whether the bills pass or require additional revisions, their introduction represents a notable shift in how the government addresses the crypto industry. The decisions made during Crypto Week could establish a precedent for future legal developments in tokenization, payments, and decentralized finance.
