Federal crypto reform is firmly locked in for the summer, with July, August, and September set as pivotal months to finalize rules and define regulatory boundaries for digital assets. A White House insider has confirmed a clear timeline for sweeping digital asset reform, signaling a concerted effort by U.S. lawmakers to establish long-awaited clarity. This accelerated legislative agenda is poised to provide federal legitimacy to crypto markets and stablecoins, shaping the future of digital finance in America.
White House Confirms Legislative Agenda
David Sacks, the White House AI and crypto adviser, recently took to social media platform X to confirm a definitive timeline for comprehensive digital asset reform. He specifically thanked Senate Banking Committee Chair Tim Scott and Digital Assets Subcommittee Chair Cynthia Lummis for announcing a clear plan. This direct communication from a White House insider underscores the administration’s commitment to prioritizing crypto legislation.
Tight Schedule for Crypto Market Structure
The legislative sequence for the comprehensive crypto market structure framework is now firm. The bill is slated for introduction before the August recess, aiming for a swift progression through Congress. Following its introduction, a markup session is scheduled for the first week of September, with the ultimate goal of finalizing the legislation by the end of that month. This ambitious timeline reflects a strong desire to provide clarity to the crypto industry promptly.
‘July Will Be a Big Month’ for Crypto Bills
In a follow-up post, David Sacks emphasized that “July will be a big month” for cryptocurrency legislation. This includes a crucial bill signing for the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act of 2025, which has already cleared the Senate. Additionally, the Digital Asset Market Clarity (CLARITY) Act is expected to make its way to the Senate, setting the stage for significant legislative movement.
GENIUS Act: Stablecoin Framework Details
The GENIUS Act of 2025 is designed to establish clear rules for issuing payment stablecoins. It permits only approved issuers, such as subsidiaries of insured banks, federally qualified nonbanks, or state-qualified entities with stablecoin issuance of $10 billion or less, to offer them to U.S. users under federal or state regulation. Issuers must back coins one-to-one with U.S. currency or similar liquid assets, disclose redemption policies, and publish monthly reserve reports, with federal oversight ensuring compliance and safeguarding reserves.
CLARITY Act: Defining SEC-CFTC Boundaries
Meanwhile, the Digital Asset Market Clarity (CLARITY) Act of 2025, introduced in the House, aims to establish distinct regulatory boundaries between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This act seeks to create a precise legal framework for digital assets, reducing regulatory confusion that has often driven innovation offshore and increased risks for consumers. It defines agency roles, mandates broker disclosures and fund segregation, and provides clear legal avenues for developers to raise capital and trade crypto-based commodities.
Towards U.S. Leadership in Digital Assets
Both the GENIUS and CLARITY Acts emphasize transparency, accountability, and robust investor protection. A core objective of this legislative push is to maintain and strengthen U.S. leadership in global digital asset markets. By establishing a clear and comprehensive regulatory environment, lawmakers aim to foster innovation domestically, encourage responsible growth, and ensure the United States remains at the forefront of the evolving digital finance landscape, setting a global standard for digital asset governance.
