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Bitcoin, Crypto Bills Next After Trump’s Big Beautiful Bill

Bitcoin, Crypto Bills Next After Trump’s Big Beautiful Bill

Cryptotimes2025/07/03 22:55
By: Jalpa BhavsarKritika Mehta
BTC+0.26%

White House advisor Bo Hines announced that following the passage of President Trump’s “Big Beautiful Bill,” the next major legislative focus will be on Bitcoin and crypto regulation. Hines made the statement shortly after the House approved the landmark economic bill by a narrow 218-214 vote.

While the bill includes major tax cuts, an end to tip taxation, and stronger border policies, Hines made it clear that the momentum is shifting to digital assets. In the post on X, he highlighted the upcoming Crypto Week, scheduled for the week of July 14, as a key moment for the future of U.S. crypto policy.

One of the bills in focus is the GENIUS Act, which is now heading to President Trump’s desk for final approval. The Senate already passed it with a strong 68–30 vote, marking it as the first major crypto-related law approved by the Senate. The bill sets clear rules for stablecoins, aiming to protect consumers while supporting responsible innovation.

In addition, the Clarity Act is moving to the Senate after receiving strong bipartisan support in the House Agriculture Committee. The bill defines how crypto assets should be regulated and draws a clear line between what counts as a digital commodity and a security. Hines called it “phenomenally crafted” and vital for giving the industry the clarity it needs.

Hines emphasized that these steps are part of a larger strategy to make the U.S. a global leader in blockchain and digital innovation. “We will not slow down. We will keep winning,” he concluded.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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