In a significant development for the cryptocurrency landscape, the U.S. House has passed three pivotal bills: the GENIUS Act, CLARITY Act, and Anti-CBDC Act. These legislative measures aim to establish clear regulatory frameworks for digital assets, addressing critical issues such as the classification of cryptocurrencies and the potential implementation of a digital dollar.

Twelve Senate Democrats are urging their Republican counterparts to establish a bipartisan authorship process for crypto market structure legislation, emphasizing collaboration rather than merely commenting on a GOP-drafted bill. They are advocating for a more significant role in shaping the legislation and closer coordination with the Senate Agriculture Committee.

The House Agriculture and Financial Services Committees have both voted to advance the Digital Asset Market Clarity Act, which aims to establish a regulatory framework for cryptocurrencies. The bill, which will be merged into a comprehensive legislation, includes provisions for disclosures from digital asset firms and clarifications regarding non-custodial platforms amid ongoing political tensions surrounding Trump's crypto interests.

President Donald Trump signed the GENIUS Act into law, establishing the first major regulatory framework for stablecoins in the U.S. The bipartisan support for the legislation signals a significant shift in the crypto industry's relationship with Washington, aiming to set clear rules for stablecoin issuers and pave the way for broader crypto regulation.