Crypto Week Climax: U.S. House Approves Three Landmark Bills

The U.S. House of Representatives has sent shockwaves through the digital asset sector after passing three groundbreaking pieces of legislation late on Thursday night. Lawmakers approved the GENIUS Act, the CLARITY Act, and the Digital Dollar Safeguard Bill in quick succession, a move that industry insiders hailed as a turning point for crypto regulation, sparking an immediate rally across major tokens.

The GENIUS Act establishes clear rules for the issuance of stablecoins, providing long-awaited guardrails for firms such as Circle and Tether. By creating a federal licensing regime, the law aims to eliminate the regulatory grey areas that have dogged the sector for years. The CLARITY Act delivers a new framework for determining whether a digital token is a security or a commodity, a question that has haunted exchanges and projects since the SEC began its aggressive clampdown in 2021. The third bill, dubbed the Digital Dollar Safeguard, restricts any future US central bank digital currency from being used for mass surveillance or programmed spending.

Markets reacted instantly. Ethereum spiked 8% to over $3,600, while XRP surged past $3.60 for the first time in seven years. Analysts at Galaxy Digital called the votes "a watershed moment". Industry lobbyist Kristin Smith told reporters: "This is the clarity we have been waiting for. It will unlock billions in investment."

Democrats and Republicans alike framed the legislation as a win for US innovation, though privacy advocates warn the Digital Dollar provisions may not go far enough. The bills now head to the Senate, where insiders expect heated debate but growing support. Until then, the crypto market appears to be celebrating a long‑sought regulatory breakthrough that could redefine the global digital asset landscape.