Overview

• Next week’s “Crypto Week” in the House will feature floor votes on three bipartisan bills: the Senate-approved GENIUS Act for stablecoin oversight, the CLARITY Act to split SEC and CFTC jurisdiction, and the Anti-CBDC Surveillance State Act.
• Coinbase is deploying a six-figure, multi-platform ad campaign to push passage of the CLARITY Act, emphasizing small-business crypto adoption and consumer safeguards.
• At a Wednesday hearing, the Senate Banking Committee received testimony from Ripple CEO Brad Garlinghouse and others on market-structure frameworks, while Sen. Elizabeth Warren pressed for stronger anti-corruption provisions targeting presidential crypto interests.
• Following President Trump’s call to adopt the Senate’s stablecoin framework, the House will abandon its own STABLE Act to advance the GENIUS Act, aiming to send a “clean” version to the president’s desk.
• With an original August recess deadline extended to Sept. 30 by Sen. Tim Scott, congressional leaders are racing to codify comprehensive crypto regulations before the chambers adjourn.