U.S. Congress Crypto Week Detailed Breakdown: The “Anti-CBDC Act,” “CLARITY,” and “GENIUS” — Enter Critical Review Stage
Every legislative advancement is an amplifier of crypto market sentiment. This time, the U.S. Congress has directly designated “crypto legislation” as its core task of the week — July 14 to 18 has been officially named “Crypto Week”, which is not only a congressional rallying slogan, but also a call to action for global crypto investors.
During this week, Congress will intensively review three heavyweight bills: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. These cover crypto market structure, stablecoin regulation, and central bank digital currencies, together laying the foundation for a clearer, stronger, and more market-friendly crypto regulatory framework in the United States.
Behind these legislative moves lies not just policy consensus, but the concrete implementation of a national digital asset strategy under the renewed political leadership of Donald Trump.
Why is this “Crypto Week” so significant?
The reason is simple: this marks the first time the U.S. federal government is officially taking collective action to handle the foundational rule-making for the crypto industry. It also signals that digital assets have been officially recognized as a national-level issue, even integrated into presidential-level political agendas.
During the week of July 14, the three major bills each enter key stages of the legislative process:
GENIUS Act: Already passed the Senate; if passed in the House, it will be delivered to President Trump’s desk for signing.
CLARITY Act: Jointly promoted by the Agriculture Committee and the Financial Services Committee; once passed, it will move to the Senate.
Anti-CBDC Surveillance State Act: Explicitly aims to prevent the Federal Reserve from directly or indirectly launching a CBDC.
The signal behind these three bills is very clear: the U.S. government is gradually cutting off state-led digital currency initiatives (CBDC) while accelerating the release of market-driven innovation, especially in areas such as stablecoins, DeFi, and crypto exchanges. The legislative timeline is extremely tight, with developments happening almost daily.
Five Key “Crypto Week” Dates — Don’t Miss the Timeline
The pace of this week has already been written into the legislative process. Below are the key events of U.S. Congress’ Crypto Week (all times ET):
July 14, 4:00 PM: House Rules Committee meeting to discuss drafts of the three major bills
July 15, 3:00 PM: Senate Agriculture Committee market structure hearing
July 15, time TBD: House may hold preliminary votes on the three bills
July 16, 9:00 AM: House Ways and Means Committee hearing on crypto taxation
July 17: (No scheduled events) Possible for further debates or media briefings
July 18: (Possible signing day) If the House passes the GENIUS Act, Trump is expected to sign
This is a true legislative marathon. For the entire industry, the passage of a single bill not only signals a rule change, but could also indicate a shift in overall market climate.
Review of the Three Major Bills
- CLARITY Act: Giving the market structure a future that can be “clearly explained”
This is one of the most important legislative proposals for the U.S. crypto market right now. Its full name is the Digital Asset Market Structure Clarity Act, and it mainly aims to solve two issues:
Regulatory overlap and vacuum: The blurred division of responsibilities between the SEC and CFTC has left the crypto market in long-term regulatory ambiguity.
Standards for determining securities vs. commodities: The bill offers clear classification standards for mature blockchain projects to determine whether certain digital assets can be defined as “digital commodities.”
Key provisions include:
Mature blockchain exemption: On-chain assets meeting certain conditions will be exempt from registration under the Securities Act of 1933
Secondary market approval: SEC-registered trading platforms can begin digital commodity trading after notifying the CFTC
CFTC oversight of spot markets: Grants the CFTC exclusive authority to regulate digital commodity spot trading
This bill is expected to formally resolve disputes such as “Is Ethereum a security?” and provide exchanges and DeFi platforms with clearly defined operational boundaries. Fields such as DeFi, NFTs, and RWAs could therefore usher in a new wave of legalization and growth.
- GENIUS Act: Stablecoins finally get a “national standard”
The GENIUS Act can be considered a tailor-made compliance playbook for stablecoins. Key provisions include:
Issuance requirements: Only “approved payment stablecoin issuers” are allowed to issue stablecoins
Reserve standards: Must be backed by fully reserved assets; rehypothecation is prohibited
Custody rules: Funds must be segregated, not recorded as liabilities, and must be audited
Legal classification: Payment stablecoins will no longer be treated as securities
This bill favors U.S.-based stablecoin products in international competition. It’s a positive development for firms like Circle and Paxos, but could pose challenges for projects operating in regulatory gray zones — such as USDT, which may need to reevaluate its regulatory path.
- Anti-CBDC Surveillance State Act: Blocking the final defense line of the “Digital Dollar”?
This is a bill full of political positioning. Its core logic: Firmly oppose CBDCs becoming government surveillance tools.Key points:
Prohibits the Federal Reserve from directly or indirectly issuing CBDCs to the public
Clearly states that unless authorized by Congress, the Fed has no authority to create “new forms of currency”
Aims to protect financial privacy and prevent centralized government control
The Market Is Already Front-Running — Bitcoin Breaks $120,000
Currently, one popular view in the market is that BTC’s breakout above $120K was driven directly by the announcement of “Crypto Week.”
And it’s not just Bitcoin — the entire crypto market is rising in tandem:
BTC breaks $122,000, up 3.5% on the day
Ethereum holds firm above $6,700
Altcoins are rallying, MEME coins are heating up again
DeFi TVL has recovered to nearly $150 billion
Bitcoin ETFs saw $2.72 billion in net inflows last week
Fidelity, BlackRock, and other major institutions continue to accumulate
Ethereum spot ETFs also recorded over $900 million in net inflows
Industry Commentary
From policymakers:
French Hill (Chairman, House Financial Services Committee): “The U.S. will become the global capital of cryptocurrency.”
Mike Johnson (Speaker of the House): Advancing the digital asset agenda is a core part of Trump’s policy platform
GT Thompson (Chairman, Agriculture Committee): “Regulatory clarity is the prerequisite for maintaining U.S. innovation leadership.”
From industry insiders:
Matthew Sigel (Head of Digital Asset Research, VanEck): “The GENIUS Act is most likely to pass first.”
Eugene Cheung (Executive at OSL): “Bitcoin could hit $130K–150K by year-end.”
Rachael Lucas (Analyst, BTC Markets): “Altcoins are about to start a full rebound.”
Mason Lynaugh (Director, Stand With Crypto): “This is a bipartisan consensus, and a turning point for the industry.”
Conclusion
The bullish signal is obvious — the market has already responded.
And these three major bills during “Crypto Week” are not just a turning point in America’s stance toward crypto; they may mark the beginning of a global revaluation of digital asset value.
If the past few years have been a series of booms in technology, applications, and capital, then the keyword for the future will be: “regulatory release.”
