CLARITY and GENIUS Votes 

Among the key regulations during Crypto Week, the 2025 Digital Asset Market Structure Clarity Act (CLARITY) stands out. This bill seeks to end the regulatory turf war between the SEC and CFTC. It also aims to bring clarity to asset classifications and prevent legal ambiguities like the Ripple vs. SEC case. This has implications for both individual and institutional investors. 

Meanwhile, the Guiding National Innovation and Ensuring Uniformity in Stablecoins Act (GENIUS) introduces strict safety requirements for stablecoin issuance. Passed in the Senate in June, it mandates 1:1 cash reserves, formal registration, and compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) laws. It’s also designed to prevent collapses like Terra (UST). Some officials propose combining both bills into a single comprehensive package. 

CBDC Ban and Political Tensions 

Another major proposal during Crypto Week is the Anti-CBDC Surveillance State Act, which seeks to block the Federal Reserve from issuing a digital dollar. Supporters argue that a CBDC could undermine financial privacy and enable centralized surveillance. 

However, Democrats have launched a counter-campaign named “Anti-Crypto Corruption Week”, accusing the CLARITY and GENIUS bills of serving Donald Trump’s interests. 

Additionally, on Tuesday, July 15 at 3:00 PM, the Senate Agriculture Committee will hold a session on market structure legislation. On Wednesday, July 16 9:00 am ET, the House Ways and Means Committee will discuss crypto taxation. 

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