We’re skipping our usual Bi-Weekly BitBlog update this week to spotlight what’s being called ‘Crypto Week’ in Congress — which could mark the first real chance for dedicated federal crypto legislation to actually become law in the United States. The U.S. House of Representatives is dedicating floor time and hearings this week to advance two major bills that, if passed, would represent the first — and possibly second — pieces of comprehensive crypto legislation ever enacted in the U.S. Lawmakers are expected to vote on the Clarity for Payment Stablecoins Act, which would establish federal rules for issuing and regulating stablecoins — and could realistically pass the House this week, with the potential to be signed by the President in the immediate future. They are also considering what is now widely known as the GENIUS Act, a sweeping market structure bill clarifying how the SEC and CFTC share oversight of digital assets. Also in the mix is the Anti-CBDC Surveillance State Act, which is intended to prevent the launch of a U.S. central bank digital currency.

While it’s still too early to predict the final outcome, seeing these bills advance this far — especially with notable bipartisan support in such a polarized environment — is already being viewed as a significant win for the industry. It’s a clear sign that Congress is taking real steps toward providing the regulatory clarity that exchanges, DeFi projects, stablecoin issuers, and investors have been seeking for years. We’ll be tracking these developments closely and plan to have a more detailed BitBlog next week with a full breakdown of how the votes go, what the Senate might do next, and what this all could mean for the industry.