And so, dear reader, it has come to pass – the esteemed members of the United States House of Representatives have seen fit to bestow upon us three crypto bills, each one a shining beacon of hope in the oft-treacherous landscape of digital finance. The Clarity Act, the GENIUS Act, and the Anti-CBDC Act have all emerged victorious, borne aloft on the wings of bipartisan support like a trio of legislative eagles soaring into the sunset.
The numbers, much like the fervent declarations of our elected officials, are a testament to the unwavering dedication to progress: the Clarity Act, 294 to 134, with a veritable phalanx of 78 Democrats standing shoulder to shoulder with their Republican brethren; the GENIUS Act, a staggering 308 to 122, with 102 Democrats joining the fray; and the Anti-CBDC Act, a nail-biting 219 to 210, with a pair of intrepid Democrats breaking ranks to join the crypto crusade.
Massive wins for crypto in the House:
GENIUS Act passes 307-122.
CLARITY Act passes 294-134.
— David Sacks (@davidsacks47) July 17, 2025
And now, as the dust settles and the crypto community holds its collective breath, we find ourselves on the cusp of a new era. The GENIUS Act, that most vaunted of legislative endeavors, shall soon find itself ensconced upon the desk of President Donald Trump, awaiting the stroke of his mighty pen to bring it into being. The Clarity Act and the Anti-CBDC Act, meanwhile, shall venture forth into the unknown, bound for the Senate and the tender mercies of its discerning members.
But what of the market implications, you ask? Ah, dear reader, the possibilities are endless! The crypto market, that great and mystifying beast, shall be unleashed upon the world, its institutional investors and traditional financial firms emboldened by the promise of a stablecoins market unfettered by the shackles of regulatory uncertainty. And so, the price of Bitcoin shall soar, a mighty eagle on the wing, while Ripple-backed XRP shall reach dizzying new heights, a veritable phoenix from the ashes.
And we, dear reader, shall be left to ponder the sheer, unadulterated genius of it all 😏.
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2025-07-18 00:37