US House Sets the Stage for “Crypto Week” Beginning July 14

The United States House of Representatives is preparing a blockbuster legislative agenda for the week of July 14, unofficially dubbed “Crypto Week.” Lawmakers are expected to vote on three high-profile bills designed to lock in America’s leadership in blockchain innovation: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate-originated GENIUS Act. Together, the trio targets market structure, stablecoin oversight, and a firm line against a centrally issued digital dollar.

A Clearer Map for Digital-Asset Markets

At the heart of the schedule sits the CLARITY Act, a bill jointly shepherded through the Financial Services and Agriculture Committees. The measure spells out how digital-asset exchanges, custodians, and token issuers must operate inside U.S. borders. Supporters say the bill will finally answer the industry’s longest-running question: “Which regulator watches which coin?”

Representative French Hill (R-AR), chair of the Financial Services Committee, framed the upcoming vote as the culmination of “years of dedicated work.” Hill argues the act will do three things: protect consumers, write unambiguous rules for dollar-backed payment stablecoins, and permanently bar the creation of a retail-facing central-bank digital currency. That CBDC ban, he said, “safeguards the financial privacy of every American.”

Blocking the “Surveillance Dollar”

Privacy concerns also animate the Anti-CBDC Surveillance State Act, authored by House Majority Whip Tom Emmer (R-MN). The bill would prohibit the Federal Reserve from issuing a CBDC directly to the public or deploying one that can be programmed to limit how—or where—citizens spend their own money. Emmer calls the measure “a line in the sand” against what he views as government-level financial tracking. By scheduling the bill alongside CLARITY, House leadership is signaling that stablecoin innovation and CBDC caution are two sides of the same freedom-first coin.

GENIUS Moves Over From the Senate

Rounding out the week is the GENIUS Act, passed earlier this spring in the upper chamber. The legislation offers a federal licensing pathway for stablecoin issuers that wish to operate nationwide, provided they hold high-quality liquid reserves and submit to regular audits. Senate Banking Committee ranking member Tim Scott (R-SC) hailed the House decision to fast-track the bill, noting that a shared framework could “cement American dominance in digital-asset innovation while preserving individual choice.”

House Leadership Rallies the Troops

Speaker Mike Johnson (R-LA) described Crypto Week as “decisive steps to deliver the full scope of President Trump’s digital-assets agenda.” Majority Leader Steve Scalise (R-LA) echoed the sentiment, predicting the measures would reach the president’s desk swiftly. If that timeline holds, the administration could notch its first comprehensive crypto win before Labor Day.

Agriculture Committee Chair GT Thompson (R-PA) added historical context, noting that his committee has held joint hearings, roundtables, and even bipartisan field visits to blockchain startups over the past 18 months. “We heard, over and over, that innovators need rules of the road if they’re going to keep building here instead of Singapore or Dubai,” he said.

Why This Week Matters for Markets

For the crypto industry, the legislative sprint arrives at a critical moment. Bitcoin’s post-halving rally has cooled, and traders are scanning headlines for catalysts beyond price speculation. A statutory regime that combines consumer protection with entrepreneurial freedom could be the spark institutional investors have been waiting for. In practical terms, the CLARITY Act would clarify when a digital asset transforms from a security into a commodity, giving exchanges greater certainty about which tokens they can list. The GENIUS Act, meanwhile, could unlock bank-grade stablecoin products—an area in which U.S. firms lag Asian competitors.

Key Dates on the Road to Crypto Week

• April 4, 2025: Hill and Thompson lay out their vision in a CoinDesk op-ed.

• May 6, 2025: Financial Services and Agriculture Committees host a joint roundtable on market structure.

• June 10–11, 2025: CLARITY clears both committees with bipartisan votes; leadership reaffirms its commitment in another CoinDesk op-ed.

• July 14, 2025: Floor debates commence, marking the first time all three bills appear together.

The House’s action builds on momentum from the prior Congress, which saw the passage of the FIT21 Act—the first comprehensive digital-asset market-structure bill ever to exit either chamber. Crypto Week aims to complete that foundation by adding stablecoin controls and an explicit ban on a surveillance-style CBDC.

Looking Ahead

Should the House approve the package next week, attention will snap back to the Senate, where Majority Leader Chuck Schumer will decide how quickly to move the House-passed version of CLARITY. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) have already signaled broad support, citing Wyoming’s decade-long experiment with crypto-friendly banking charters as proof that clear rules spark innovation.

Representative Bryan Steil (R-WI) summed up the stakes: “Passing stablecoin and market-structure legislation, alongside a CBDC ban, ensures the United States wins the Web3 race.” For entrepreneurs weighing where to incorporate their next protocol, July 14 may become a circled date on the calendar—one that either reaffirms or reshapes America’s claim as the world’s crypto capital.

As Crypto Week approaches, markets, lobbyists, and developers alike will be watching C-SPAN, hunting for any hint of last-minute amendments that could tilt the regulatory playing field. But if the current language holds, the message from Capitol Hill is unmistakable: the U.S. intends not just to participate in the digital-asset era, but to lead it.