What’s Happening with Crypto Laws in the U.S.?
In July 2025, the U.S. House of Representatives passed three important bills about cryptocurrency, but two of them—the Clarity Act and the Anti-CBDC Surveillance State Act—are still waiting for approval from the U.S. Senate. These bills could shape the future of digital money in America, so let’s break them down in a way that’s easy to understand.
What Are These Bills?
Clarity Act (Digital Asset Market Clarity Act, H.R. 3633)
What It Does: This bill wants to make clear rules for cryptocurrencies like Bitcoin. Right now, two government agencies—the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—argue over who should regulate crypto. The Clarity Act says the CFTC should take charge, which could mean simpler rules for crypto businesses.
Why It Matters: Clear rules could help crypto companies grow, attract investors, and protect people using digital money. But some worry it might not do enough to keep consumers safe from scams or risky investments.#usbill
Where It Stands: The House passed it on July 17, 2025, with a vote of 294-134. It’s now with the Senate, but no vote has been scheduled yet. Some hope the Senate will look at it by September 30, 2025, but it’s not guaranteed.
Anti-CBDC Surveillance State Act (H.R. 1919)
What It Does: This bill stops the Federal Reserve (the U.S. central bank) from creating a digital dollar, called a Central Bank Digital Currency (CBDC). A CBDC is like digital cash controlled by the government. The bill’s supporters say a CBDC could let the government track people’s spending, which they see as a privacy problem.
Why It Matters: It protects cryptocurrencies like Bitcoin, which are not controlled by the government, and keeps the Federal Reserve from launching a digital dollar without Congress’s approval.
Where It Stands: The House passed it on July 17, 2025, with a close vote of 219-210. It’s now in the Senate, but passing it might be tough because it needs more support from Democrats. Some think it could be added to a big defense bill later in 2025 to help it pass.#donalTrump
Sources:
House Committee on Financial Services, July 17, 2025
Kiplinger, July 19, 2025
Congress.gov, H.R. 1919 and H.R. 3633
TheStreet, July 18, 2025
Posts on X, July 16-18, 2025
