If passed, the bills could lead to new ways to use the currencies, corporate adoption, and institutional investment.

To be sure, the road to the passage of the three bills was not smooth, since 12 hardliners scuttled a procedural vote on the GENIUS Act on Tuesday, prompting House Speaker Mike Johnson to halt the process.

Two of the legislations — the GENIUS Act and the CLARITY Act — were passed with significant bipartisan support.

The US House advances debates on key US crypto legislation, including bills on stablecoins, digital asset oversight, and anti-CBDC measures.

The U.S. House of Representatives will deliberate on two key pieces of legislation during Crypto Week: the Genius Act and the Clarity Act. Here's what you need to know.

The bills aim to define Bitcoin as a commodity, block a Federal Reserve issued CBDC, and regulate stablecoins while protecting decentralized assets.

The Clarity Act (HR 3633), the legislation that aims to provide guidance on how different digital assets are regulated and which agency has oversight, is