House Republicans have passed a trio of industry-friendly cryptocurrency bills, following their successful passage of the big budget bill earlier this year. The new legislation aims to support President Donald Trump’s platform on cryptocurrencies.
The bills are aimed at promoting the growth and development of the cryptocurrency market. However, critics argue that they do not adequately address concerns around regulatory oversight and security measures.
The legislation includes provisions related to tax compliance, anti-money laundering regulations, and improved cybersecurity standards for digital asset exchanges.
Source: https://www.washingtonpost.com/politics/2025/07/08/house-republicans-plan-crypto-week-votes-industry-backed-bills