The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.

The U.S. House of Representatives has passed the CLARITY Act, a landmark bill that defines whether cryptocurrencies are securities or commodities.

The stablecoin GENIUS Act passed the House with bipartisan support. A crypto market structure bill also passed, and heads to the Senate.