The House passes stablecoin bill in a historic move to bring long-awaited clarity to the regulation of digital assets. The GENIUS Act, now approved by the House, will head to President Donald Trump’s desk, expected to be signed into law within days.
The House passed the GENIUS Act after days of procedural chaos, setting the stage for the United States’ first comprehensive federal framework for stablecoin regulation. The legislation mandates that issuers back stablecoins with one-to-one liquid reserves. Further, it imposes strict audit and disclosure requirements and establishes a clear licensing regime for both federal and state-chartered issuers.
Why the House Passing Stablecoin Bill Matters
This vote marks a decisive moment for US crypto legislation. The GENIUS Act can resolve years of uncertainty surrounding stablecoins, digital assets pegged to fiat currencies like the US dollar. The bill is designed to protect consumers, stabilize markets, and provide clarity for both issuers and institutional investors.
The House passed the GENIUS Act with bipartisan support after overcoming internal GOP disputes earlier in the week. The bill’s advancement represents a significant victory for the crypto industry’s push for clear, predictable regulations.
What Else Was Passed
In addition to the GENIUS Act, the House also approved the Crypto Market Infrastructure Bill, a measure clarifying the jurisdiction of the SEC and CFTC over digital assets. This legislation echoes elements of the previously proposed CLARITY Act, formally expanding the CFTC’s authority over crypto commodities. At the same time, it reaffirms the SEC’s oversight of securities-like tokens.
Industry and Market Response
Crypto markets reacted positively to the news. Analysts interpret the fact that the House passed the stablecoin bill as a signal that Congress is now capable of delivering the regulatory clarity the industry has long demanded. However, some caution remains: the effectiveness of these laws will depend on enforcement and implementation timelines.
>>> Read more: GENIUS Act Clears Senate, Reshaping U.S. Stablecoin Regulation
Next Steps
Once signed by President Trump, the GENIUS Act will create a federal baseline for stablecoin operations. It will require strict compliance with transparency and reserve standards. Meanwhile, the Crypto Market Infrastructure Bill will shape the classification and oversight of digital assets for years to come.
