CLARITY Act Vote: Possible Bipartisan Support Grows

3 mins mins

Key Points:

The CLARITY Act and GENIUS Act are being voted on in the House.
Up to 35 Democrats may support the CLARITY Act.
Crypto legislation aims to clarify U.S. digital asset regulation.

A key vote in the U.S. House could set new digital asset regulations as Democrats weigh on CLARITY and GENIUS Acts July 18.

The potential bipartisan backing for these Acts highlights legislative support, signaling a crucial step for digital market policies.

House Prepares Vote on Crypto Acts with Democratic Support

The House of Representatives is preparing to vote on the CLARITY Act and GENIUS Act, legislation designed to address digital asset market structures and regulatory clarity. With public backing from Democratic members, these bills could transform the U.S. crypto landscape. Leadership, including French Hill and other key committee members, have been vocal about the need for legislative guidance. As Representative French Hill, Chairman of the House Financial Services Committee stated, “I’m very pleased to see the House continue to advance its approach to a clear market structure for digital assets. I look forward to continued work on this important objective with Chairs Hill and Thompson and my colleagues here in the Senate.”

Bipartisan support appears to be building, with expectations of 35 Democratic co-sponsors for the CLARITY Act and 70 to 80 Democrats for the GENIUS Act. This shift indicates a significant potential policy change aimed at enhancing investor protection and boosting market confidence. Meanwhile, concerns over CBDC-related issues persist, indicative of ongoing debates within the House.

Community and industry responses are largely awaited, given the potential impact on cryptocurrencies like BTC (Bitcoin) and ETH (Ethereum). Industry leaders have yet to publicly comment, but what unfolds today may lead to pivotal shifts in U.S. digital asset regulation.

Historical Trends and Market Performance Amid Legislative Actions

Did you know? The 2025 Legislative Week, called “Crypto Week,” marks a pivotal shift in U.S. regulatory approaches, building on past attempts to clarify digital asset structures.

Ethereum (ETH) exhibits strong market performance, with current pricing at $3,423.81 and a market cap of $413.30 billion as per CoinMarketCap data. The 24-hour trading volume stands at about $48.91 billion, witnessing an 18.85% increase.

ethereum-daily-chart-721 — Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 18:13 UTC on July 17, 2025. *Source: CoinMarketCap*

Experts indicate that the outcome of the vote may significantly impact both regulatory clarity and market dynamics. Historical context suggests past regulatory obstacles may guide future financial integrations. It is worth noting that the Solana’s revenue trends might offer insights into how other cryptocurrency networks could be affected by these legislative acts.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.