House Passes Major Bills During 'Crypto Week,' But Significant Changes May Take Time

Despite the excitement surrounding what President Donald Trump has dubbed “Crypto Week,” experts caution against premature celebrations in the cryptocurrency space.

The House of Representatives recently passed three significant bills aimed at regulating digital assets, marking a pivotal moment for the industry. However, these legislative changes are not expected to take effect for quite some time.

Three Key Crypto Bills Passed The three bills—the Genius Act, the Digital Asset Market Clarity Act, and the Anti-CBDC Surveillance State Act—are seen as crucial steps toward establishing a regulatory framework for cryptocurrencies.