US Congress Approves Three Crypto Bills, Here Are the Impacts
After being stalled due to internal debates in the United States Congress, the US House of Representatives has finally passed three significant bills related to the digital asset industry. This news immediately triggered a positive response from the market, with Bitcoin surpassing the US$120,000 mark again, approaching its all-time high.
In the session held on Thursday (July 17, 2025), members of the House approved three important bills, including the Digital Asset Market Structure Clarity (#CLARITY ) Act which was passed with 294 votes in favor and 134 against, the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act with 308 votes supporting and 122 against, and the Anti-CBDC Surveillance State Act which passed by a narrow margin of 219 to 210.
This passage of bills is part of a campaign titled “Crypto Week” initiated by the Republican Party, in response to President Donald Trump’s campaign promise to accelerate his pro-crypto agenda.