25.06.2025 14:03

This week, the US House of Representatives is poised to vote on crucial cryptocurrency legislation, according to recent reports from internet sources. House Republican leadership plans to bring this significant measure to the floor for a vote, potentially as early as the next few days.


The proposed legislation encompasses a comprehensive package addressing several facets of the cryptocurrency market. Key among these is a focus on regulating stablecoins, which will be considered alongside the broader crypto market structure bill, officially known as the CLARITY Act. This strategic pairing reflects an attempt to capitalize on existing political momentum.


Initially, the intention was to merge the stablecoin legislation (the GENIUS Act) with the CLARITY Act earlier this month. However, the exact mechanism for combining these bills remains undefined. The possibility of a combined vote itself is still subject to ongoing deliberation; the details of their integration, if any, remain unclear.


Adding to the uncertainty, Majority Whip Tom Emmer indicated that the House Republicans would only vote on the Senate-passed GENIUS Act if it’s bundled with market structure reforms, according to reporting by Brendan Pedersen of Punchbowl News. The House committees greenlighted the market structure bill in June, a bill with sweeping ambitions to reshape the regulatory landscape for cryptocurrencies in the United States.


While the vote is anticipated soon, the precise timing remains fluid. The possibility of a postponement hangs over the proceedings.