Washington gears up for a pivotal moment in crypto legislation as lawmakers debate three major bills
The US House of Representatives is set for what Republican leaders are calling “Crypto Week,” a legislative push that could define the future of digital asset regulation in the country. Scheduled to run from Monday to Friday, the week-long session will see lawmakers debate and potentially vote on three high-profile cryptocurrency bills, each addressing key areas of oversight, innovation and privacy in the fast-evolving crypto space.
This critical window has mobilised the crypto industry, with advocacy groups and companies urging Congress to seize the opportunity and bring long-awaited clarity to the sector.
Three bills on the table
At the centre of this legislative push are three bills with far-reaching implications. The CLARITY Act aims to resolve long-standing questions about regulatory oversight, defining the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in governing crypto markets.
The GENIUS Act, which has already cleared the Senate, proposes a legal framework for stablecoins, offering structure to an increasingly popular sector of digital finance. Finally, the Anti-CBDC Surveillance State Act seeks to block the creation of a US central bank digital currency, citing privacy concerns.
These proposals represent the most serious effort yet to establish comprehensive crypto regulation in the United States. Whether they gain enough support to become law remains uncertain, but the urgency is palpable.
Industry push gains momentum
Mason Lynaugh, community director at Stand With Crypto – a nonprofit advocacy group backed by Coinbase – said the industry recognises this as a critical juncture.
“We’re seeing unbelievable momentum, attention and bipartisan support for crypto as a topic,” he said. “But the urgency is very real. While we have the momentum, we have to make sure we finish this mission.”
In the lead-up to Crypto Week, Stand With Crypto and over 65 other firms and advocacy organisations submitted a letter urging members of the House to back the CLARITY Act. The bill addresses unresolved regulatory issues that have plagued the industry for years.
“This bill covers all the questions about what the SEC does, what the CFTC does, how token launches should be conducted and what decentralisation really means,” Lynaugh explained.
Bipartisan but politicised
Despite the momentum, the debate around crypto remains politically charged. “It’s really unfortunate that people have tried to politicise crypto,” Lynaugh said. “When you cut through the noise and you look at the numbers, this is a broadly bipartisan topic.”
The push for legislation has been supported by an aggressive grassroots campaign. According to Lynaugh, more than 50 million Americans now own some form of cryptocurrency. Stand With Crypto claims over 2.2 million registered advocates and said that more than 70,000 emails were sent to US senators ahead of recent votes.
This surge in public interest and engagement reflects growing frustration over regulatory uncertainty and a desire for clearer rules.
A narrow window before recess
Lawmakers face a tight timeline, with the congressional recess fast approaching. The week ahead may represent the most promising moment for the crypto industry to see its concerns addressed in federal law.
“If you don’t pass it, all the questions that we’ve had for years will not have been answered,” Lynaugh warned. The message is clear: delay now, and the opportunity to bring order to a chaotic regulatory environment could be lost for months or even years.
As the House prepares for Crypto Week, both sides of the debate understand that the decisions made in the coming days will have lasting effects on the role of cryptocurrency in the US economy and beyond.
