WASHINGTON, D.C., July 17, 2025 — The future of three major cryptocurrency regulation bills remains uncertain after intense infighting among House Republicans stalled progress for two consecutive days. Despite Speaker Mike Johnson’s 10-hour effort to rally support, the crypto legislation only advanced after a group of GOP lawmakers flipped their votes late Wednesday night.
The bills — including the Senate-passed GENIUS Act, the CLARITY Act, and a proposal to ban the Federal Reserve from launching a central bank digital currency — were set to anchor what had been dubbed “Crypto Week” on Capitol Hill. However, internal divisions have cast doubt over whether the GOP-led House can deliver on its promise of regulatory clarity for the booming digital asset sector.
A procedural vote on debate rules was delayed for hours amid opposition from both conservative hardliners and moderate Republicans. The latter group objected to last-minute changes designed to appease the former, which included merging two of the bills — a move that drew backlash from key committee members.
Even a personal intervention by President Donald Trump, who met with conservative lawmakers Tuesday evening, failed to fully unify the party. Although Trump claimed on Truth Social that the group had “agreed to vote” for the rule, new dissent emerged Wednesday from members directly involved in drafting the legislation.
The crypto industry, which invested tens of millions in lobbying and campaign contributions last cycle, is now facing a major setback. What was expected to be a landmark week for digital asset regulation has turned into a political test for House Republicans — and a reflection of the limits of Trump’s influence within his own party.
With narrow margins and growing discontent, the fate of U.S. crypto legislation remains precarious.