In a decisive move for the future of Bitcoin and crypto in the United States, the House of Representatives has officially passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, , and the Anti-Central Bank Digital Currency (CBDC) Act.
As Bitcoin Magazine reports, all three bills are backed by President Donald Trump and Treasury Secretary Scott Bessent and the GENIUS Act is now headed to the President’s desk for his signature, while the Anti-CBDC Act is headed to the Senate.
Another legislative win for President Trump as the House has just overwhelming passed the pro-crypto, GENIUS Act. Backed by President Trump and Treasury Secretary Scott Bessent, the bill now goes to Trump's desk to be signed into law. pic.twitter.com/nawLrnXY9f
— Charlie Kirk (@charliekirk11) July 17, 2025