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Home News Crypto

House GOP Launches ‘Crypto Week’ to Propel Landmark Digital Asset Legislation Forward

4 July 2025
in Crypto, News
Reading Time: 3 mins read
105 5
source: nbc.com

source: nbc.com

The House Republican leadership has declared a focused “Crypto Week” to advance a series of significant digital asset bills aimed at establishing clearer regulatory frameworks for the cryptocurrency industry.

This initiative reflects a growing bipartisan recognition of the need to modernize U.S. financial regulations to accommodate blockchain technology and digital currencies.

🚨NEW: Chairman @RepFrenchHill, @HouseAgGOP Chairman @CongressmanGT, and House Leadership announced that the week of July 14th will be “Crypto Week,” where the CLARITY Act, Anti-CBDC Surveillance State Act, and GENIUS Act will be considered. @SpeakerJohnson @SteveScalise… pic.twitter.com/vIUoGaoSy1

— Financial Services GOP (@FinancialCmte) July 3, 2025

During this dedicated week, lawmakers will prioritize discussions and votes on multiple bills that address key issues such as digital asset definitions, investor protections, and the regulatory roles of agencies like the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The effort seeks to resolve longstanding uncertainties that have hindered innovation and adoption in the crypto space.

Among the proposed legislation is a bill that clarifies which digital assets fall under securities laws, potentially easing compliance burdens for many crypto projects. Another bill focuses on expanding the CFTC’s authority over certain digital assets, which proponents argue would provide more appropriate oversight given the nature of these products.

This concentrated legislative push comes amid increasing pressure from industry stakeholders who argue that current regulations are outdated and inconsistent, thereby creating barriers for both startups and investors. The House GOP’s “Crypto Week” signals a strategic effort to bring momentum to crypto policymaking before the midterm election cycle intensifies.

The market reaction to the announcement has been cautiously optimistic, with major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) maintaining steady prices of around $109,106 and $2,576, respectively, according to CoinMarketCap. This reflects anticipation of regulatory clarity that could foster growth and stability in the sector. Experts note that while the bills have strong GOP backing, bipartisan support will be crucial for passage in the Senate and eventual enactment.

The initiative reflects the efforts of U.S. lawmakers to strike a balance between innovation and consumer protection in the digital asset landscape. Legislative developments are being closely monitored, as they could influence the future of crypto regulation in the U.S.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: House GOP
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Bobby Okposin

Bobby Okposin

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