The US House of Representatives has declared the week of 14 July 2025 as “Crypto Week,” with lawmakers preparing to bring forward several key bills aimed at clarifying the federal government’s role in regulating digital assets.
Announced jointly by Representative French Hill, Chairman of the House Financial Services Subcommittee on Digital Assets, and Representative Glenn “GT” Thompson, Chairman of the House Agriculture Committee, the initiative will focus on advancing legislation that has gained bipartisan support over the past year.
According to the statement released by the House Financial Services Committee, members will consider several proposals including the Financial Innovation and Technology for the 21st Century Act (FIT21), the Clarity for Payment Stablecoins Act, and the CBDC Anti-Surveillance State Act.
“These bills represent a culmination of years of work and input from lawmakers, regulators, and stakeholders,” said Representative Hill. “During Crypto Week, the House will have the opportunity to build on its progress and assert its leadership over digital asset policy.”
The FIT21 Act, originally passed by the House in May 2024, aims to establish a federal regulatory framework for digital assets, providing clearer guidance on the jurisdictional boundaries between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The bill also seeks to promote innovation while enhancing consumer protection across digital asset markets.
The Clarity for Payment Stablecoins Act, meanwhile, focuses on developing a federal and state regulatory framework for the issuance and oversight of payment stablecoins—digital tokens pegged to fiat currencies such as the US dollar. Backers of the bill say it will help establish standards for reserve assets, operational risk, and supervisory oversight.
Another measure to be considered is the CBDC Anti-Surveillance State Act, which would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. Supporters argue that such a framework would preserve financial privacy and limit government overreach into individual transactions.
Representative Thompson, whose committee shares jurisdiction over commodity markets, noted the bipartisan effort involved in advancing FIT21.
“I look forward to House consideration of FIT21 and am proud of the bipartisan collaboration that got us to this point,” he said in the statement.
The announcement underscores growing interest in Washington to develop a more coherent regulatory structure for the digital asset sector. While the House has taken the lead in advancing crypto-related legislation, momentum in the Senate remains more cautious, though recent discussions on digital asset taxonomy and financial innovation have signalled potential alignment on certain issues.
The designation of a themed legislative week also marks a more coordinated approach by House leadership to prioritise digital asset legislation ahead of the November election cycle, amid increasing calls from both industry participants and policy experts for regulatory clarity.
While the press release did not provide an exact voting schedule for each bill, it confirmed that multiple digital asset-related measures will be brought to the House floor during the week beginning 14 July.
The US digital assets market—comprising cryptocurrencies, stablecoins, and tokenised securities—has grown to represent a significant portion of global blockchain activity. Yet, despite its scale, the sector remains subject to fragmented oversight, with regulatory responsibilities currently split among several federal and state agencies.
Proponents of the upcoming bills say that a unified legislative framework will offer the certainty needed for innovation to flourish while reinforcing investor protections and maintaining the integrity of US capital markets.
“Crypto Week,” as described in the statement, represents the House’s most concerted push yet to modernise the legal architecture surrounding digital assets and to clarify the roles of various federal agencies in overseeing this evolving sector.
The House Financial Services Committee has also published a factsheet outlining the core provisions and expected impact of each bill under consideration.
