Since Donald Trump changed his stance on cryptocurrencies, a shift has been noted in the initiative of the US government. This Cryptocurrency Week, the government will focus on legislation regarding digital assets and the possible voting on bills related to the GENIUS, CLARITY, and other acts.
◽Cryptographic Clarity – CLARITY Act
The Digital Asset Market Clarity Act of 2025 (CLARITY Act) primarily focuses on defining the roles and responsibilities of the SEC and the CFTC. Additionally, it would clarify the confusion between securities and commodities, the same confusion that led to the popular Ripple lawsuit against the SEC.
Overall, it is a bipartisan bill focused on creating comprehensive and cohesive regulations on digital assets.
◽Clarity on stablecoins: GENIUS Act
The US Stablecoin Innovation Guidance and Establishment Act (GENIUS Act) was already passed by the Senate on June 18. With this, the legislation aims to require stablecoin issuers to maintain 1:1 cash reserves, register with federal regulators, and more.
It also focuses on combating money laundering and the financing of terrorism, and will be discussed in the upcoming Cryptocurrency Week. Overall, it aims to ensure the safety of stablecoin adoption and to prevent events like the Terra collapse.
There is also discussion about the possibility of bundling the CLARITY and GENIUS laws together.
◽No to digital dollars: State anti-CBDC surveillance law
This law will block the creation of a CBDC in US dollars, as there are significant concerns about privacy invasion, centralized monetary tracking by authorities, and more.
While these cryptocurrency bills are in the spotlight, House Democrats have announced Cryptocurrency Anti-Corruption Week. This campaign seeks to prevent the passage of the GENIUS and CLARITY Acts, as Democrats believe these bills pave the way for cryptocurrency fraud and Donald Trump's cryptocurrency corruption.
Given that the goal is to provide regulatory clarity and position the US as a leader in the cryptocurrency sector, this is expected to happen starting this week. Additionally, there will be discussions and voting on fostering institutionalism and market influence.
