From July 14 to 18, the U.S. House of Representatives is hosting “Crypto Week,” a major push to pass three significant crypto-related bills aimed at shaping the future of digital assets in the U.S.
🧾 Bills on the Table
GENIUS Act
This stablecoin bill requires full asset backing, regular audits, and issuer registration. It already passed the Senate and is now awaiting a House vote.
CLARITY Act
Designed to clearly assign crypto oversight between the SEC and CFTC, this bill aims to resolve long-standing regulatory uncertainty.
Anti-CBDC Surveillance State Act
This legislation seeks to ban any Federal Reserve-issued digital currency, citing risks to financial privacy and surveillance concerns.
These proposals reflect growing bipartisan interest in creating a clear and innovation-friendly regulatory landscape for crypto.
📈 Market Impact
Bitcoin (BTC) recently surged past $118,000, hitting a new all-time high as investors anticipate favorable legislation.
Ethereum (ETH) and other major altcoins also rallied, buoyed by strong institutional interest and ETF inflows.
Spot ETFs for Bitcoin and Ethereum continue attracting record capital, and upcoming SEC rules may greenlight similar funds for altcoins like Solana and XRP.
💼 Industry Moves
BitMine, a major crypto firm, rebranded and shifted toward Ethereum-based products, causing a 25% surge in its stock.
CoreWeave announced a $9 billion acquisition of mining firm Core Scientific, showing the increasing overlap between crypto and AI infrastructure.
⚖️ Tornado Cash Trial Begins
Roman Storm, co-founder of Tornado Cash, is now on trial for enabling money laundering and violating sanctions. The case could set a precedent for how the U.S. treats developers of decentralized protocols.
🔮 What to Watch This Week
House votes on the GENIUS, CLARITY, and Anti-CBDC Acts.
Potential new ETF approvals under updated SEC guidance.
Continued market movement based on legislative outcomes and broader sentiment.
🔍 Summary
Crypto Week 2025 could mark a turning point for the U.S. crypto industry. With strong momentum in legislation, record market prices, and growing institutional involvement, the stage is set for a transformative shift. Still, regulatory decisions and legal rulings will determine whether this momentum continues—or faces new roadblocks.
