U.S. lawmakers are preparing for a pivotal “Crypto Week,” set to begin on Capitol Hill next Monday. The week will focus on advancing major cryptocurrency legislation, aiming to establish clearer rules for digital assets, stablecoins, and platforms like online casinos and crypto casinos.
As part of the upcoming “Crypto Week,” U.S. lawmakers will spotlight three major bills shaping digital asset policy: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. The CLARITY Act aims to prevent federal agencies from issuing central bank digital currencies (CBDCs) without congressional approval. It addresses privacy concerns and limits government overreach.
Meanwhile, the GENIUS Act focuses on stablecoin regulation, requiring issuers to hold 1:1 reserves and comply with strict transparency rules. It also protects innovation by encouraging private-sector involvement. Lastly, the Anti-CBDC Surveillance State Act, backed by crypto-friendly lawmakers, prohibits the Federal Reserve from issuing a retail-facing CBDC that could track users’ financial activity.
These bills reflect growing bipartisan interest in protecting financial freedom, promoting blockchain innovation, and addressing concerns tied to privacy, surveillance, and state-backed currencies.
Their debate during Crypto Week signals Congress’ increased urgency to define America’s digital asset future before other global powers lead.
Other Crypto Bills to be Discussed During ‘Crypto Week’
Multiple House and Senate committees will hold hearings, propose amendments, and debate bills with bipartisan implications. At the center is the Financial Innovation and Technology for the 21st Century Act (FIT21), which seeks to define the roles of the SEC and CFTC in crypto regulation. The bill also aims to protect investors and foster innovation across digital markets.
Meanwhile, the Lummis-Gillibrand Responsible Financial Innovation Act is expected to return to the Senate floor. This bill outlines tax exemptions, reporting requirements, and compliance standards for digital assets. Lawmakers believe these changes will reduce fraud and boost public trust in cryptocurrency.
Importantly, the rise of online casinos and crypto casinos has pushed Congress to act swiftly. Lawmakers worry about regulatory gaps that may enable money laundering or unlicensed operations. Crypto Week offers a critical opportunity to close these loopholes.
In addition, the House is set to revisit the Clarity for Payment Stablecoins Act. This legislation would create a federal framework for issuing stablecoins while preserving state-level licensing systems. Industry leaders and consumer advocates are watching closely.
Public Forums to be Held as Well
Crypto Week also features a public forum where lawmakers will hear from blockchain firms, consumer groups, and financial experts. The sessions are expected to influence last-minute bill revisions.
Congresswoman Maxine Waters and Congressman Patrick McHenry have urged colleagues to approach Crypto Week with urgency and unity. Both warned that delay could send innovation offshore and expose consumers to more risk.
With the U.S. still lacking a comprehensive crypto policy, Crypto Week could define the industry’s future. The coming days may mark a turning point for how the government handles crypto assets, from investment platforms to crypto casinos.