US Lawmakers Promote “Crypto Week” Ahead of Key Votes in Congress

Lawmakers are expected to vote on the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act.

If passed, these measures would form the first comprehensive federal framework for digital assets, potentially unlocking new opportunities for innovation and growth under the pro-crypto Trump administration.

A turning point

“This is a historic opportunity for the United States,” said Tom Emmer, a Republican and member of House leadership in a press release. “American innovators are one step closer to having the clarity they need to build here at home while ensuring the future of the digital economy reflects our values of privacy, individual sovereignty, and free-market competitiveness.”

The CLARITY Act aims to establish a regulatory framework for digital assets. The GENIUS Act proposes the first federal rules for payment with stablecoins. Meanwhile, the Anti-CBDC Act would prohibit the issuance of a central bank digital currency (CBDC), or “digital dollar.”

Shifting ground

Corporate interest in stablecoins is also on the rise. Walmart and Amazon are reportedly exploring the launch of their own tokens, which could be used for payments. Widespread adoption could help these retail giants reduce the billions they pay in credit card fees to the likes of Visa and Mastercard—reshaping the broader payments landscape.

Momentum around these pieces of legislation signals growing appetite for regulatory clarity in the US crypto sector in a development that could boost investor confidence, attract institutional capital, and chart a more stable course for digital innovation. 

Crypto rally

Developments from the corridors of power in Washington this week may continue to impact the recent crypto rally which has propelled Bitcoin’s price above $122,000 while lifting altcoins and even the meme coin market.

With global competition intensifying, the US is also making a strategic bid to lead in the digital asset economy.