The U.S. House advancing the Crypto Genius, Clarity, and Anti-CBDC Acts signals a major legislative push for cryptocurrency regulation, with the GENIUS Act—a stablecoin framework—already passing the Senate with bipartisan support, reflecting a surprising shift as 18 Democrats joined Republicans, driven by pressure from President Trump’s directive to expedite the process.
The Clarity Act aims to establish a regulatory framework for digital assets, addressing a long-standing industry demand, while the Anti-CBDC Act prohibits the Federal Reserve from issuing a central bank digital currency, supported by evidence from H.R.5403 (2023-2024) citing privacy concerns and potential surveillance risks.
This legislative move coincides with a rollback of a Biden-era IRS “DeFi Broker Rule” via H.J.Res.25, which faced unanimous Democratic opposition in committee, highlighting a polarized yet crypto-friendly shift in policy as approximately 1 in 4 Americans now own cryptocurrency, per recent estimates.
