The U.S. House of Representatives made history by passing three major crypto bills, including the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.

The GENIUS Act was passed with a 308-122 vote, establishing the first federal framework for U.S. dollar-backed stablecoins.

The Digital Asset Market Clarity (CLARITY) Act passed with a 294-134 vote, and clarifies roles for the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) over digital assets, distinguishing between commodities and securities.

This story is an excerpt from the Unchained Daily newsletter.

The Anti-CBDC Surveillance State Act passed with a 219-210 vote, and bars the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals, reflecting concerns about privacy and government reach.

SEC Chair Paul Atkins hailed the passage of these bills, particularly the GENIUS Act, as a “historic milestone for crypto entrepreneurs, financial market participants, and everyday Americans.”

The GENIUS Act now moves to President Donald Trump’s desk for signing, while the Digital Asset Market Clarity Act and Anti-CBDC Act advance to the Senate for further debate.