Crypto Week Stumbles as GENIUS, CLARITY, and Anti-CBDC Acts Fail House Procedural Vote
A trio of cryptocurrency bills backed by President Donald Trump hit a roadblock in the U.S. House of Representatives on July 15, 2025, during the much-hyped “Crypto Week.” The bills, aimed at clarifying regulations for digital assets, were stalled by a procedural vote, highlighting divisions within the Republican Party.
The vote, which ended 196-223, saw 13 Republicans align with Democrats to block the legislation, despite Trump’s public call for GOP support earlier that day on Truth Social. The package included the GENIUS Act, focused on regulating stablecoins; the CLARITY Act, aimed at defining oversight for digital assets; and the Anti-CBDC Surveillance State Act, designed to block a central bank digital currency.
The unexpected failure, driven by concerns from the House Freedom Caucus over issues like insufficient anti-CBDC measures and bill structure, has left the crypto industry in limbo. House Speaker Mike Johnson noted that some Republicans sought to merge the bills or add amendments, which were not permitted, contributing to the vote’s collapse. A second procedural vote was scheduled but canceled, with plans for another attempt on July 16 or later.
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The market saw a brief dip, with Bitcoin (BTC) trading at $117,083, down 2.23% in the past 24 hours, reflecting cautious investor sentiment. House leaders are now regrouping, but it remains unclear whether the bills will be revised to win over dissenters or proceed separately. The delay risks slowing U.S. progress in establishing a clear crypto regulatory framework, potentially ceding ground to jurisdictions like the EU and Singapore.
