US House Crypto Week: The Clarity Regulatory Clarity Act debuts on Wednesday, followed closely by the GENIUS stablecoin on Thursday.

The U.S. House of Representatives will vote on two major bills during "Crypto Week": the Clarity Act, which clarifies market structure, and the GENIUS stablecoin bill. This redefines regulatory boundaries, affecting capital and policy layouts, and becomes a key node in the global rules competition, attracting significant attention from institutions and investors. (Background: SEC's new chairman Paul Atkins: will fully support cryptocurrency innovation and provide clear regulatory rules) (Additional context: Trump's "Big and Beautiful Act" narrowly passed, IMF warns: U.S. deficit and debt crisis is worsening) The bill voting from July 16 to 18 will bring cryptocurrencies into the congressional hall. The House Rules Committee has already scheduled three crypto bills on the agenda, focusing on the GENIUS stablecoin reserve provisions, CLARITY regulatory responsibilities, and the Anti-CBDC prohibition of Central Bank Digital Currency. Senate Banking Committee Chairman Tim Scott has announced that the Senate version is expected to take shape by the end of September, leaving little time for negotiations between the two chambers. Clarity Act: SEC and CFTC define boundaries The Clarity Act redefines "investment contracts" and "digital commodities", transferring a significant amount of spot regulation responsibilities to the CFTC. According to the full text of the bill, exchanges can use a 180-day fast registration channel to reduce compliance costs, and issuers can raise up to $75 million within a year, provided they disclose their source code and risks. The provisions also emphasize self-custody, asset segregation, and hedging mechanisms, which are seen by the industry as the most direct protection of rights and interests. GENIUS Act: Stablecoin three-proof system The Senate has already passed the GENIUS Act with a vote of 68 to 30. The bill adopts a three-proof system of "insured bank subsidiaries, OCC federally licensed institutions, and state-licensed entities that meet federal standards", and requires a 1:1 high liquidity reserve and quarterly audits, plus AML, sanctions, and information disclosure regulations. For Circle, a long-term compliance route is expected to become its competitive moat, but for issuers like Tether, whether to upgrade to federal regulation becomes an urgent choice. Market response and follow-up observations During the advancement of the bill, Bitcoin has recently set multiple historical highs, possibly indicating that capital is preemptively positioning for the "settlement of rules". As of the time of writing, BTC is reported at $119,374, with a slight increase of 0.11% over the past 24 hours. Jessica Martinez, government affairs director at the Blockchain Association, stated: "We are finally seeing serious and substantive legislative action from the U.S. Congress on digital assets, which will bring unprecedented clarity to our market and ensure that the U.S. maintains its leading position in global innovation." Related reports Circle applies for a U.S. trust bank license: self-custody of USDC, a critical step into federal regulation Crypto mom criticizes SEC regulation: U.S. companies are like playing 'the floor is lava' game, should build bridges for the industry Crypto mom Hester Peirce lists SEC cryptocurrency working group's "top ten priorities", revealing a new regulatory landscape in the U.S. <U.S. House's Crypto Week: Clarity regulatory clarity bill on Wednesday, GENIUS stablecoin follows closely on Thursday> This article was first published in BlockTempo, the most influential blockchain news media.