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Crypto Week Looms: A Look at Incoming Digital Asset Legislation
Now that the July 4th holiday has passed and President Donald Trump’s controversial ‘Big Beautiful Bill’ has been passed into law, Wall Street investors are preparing for one last week of action from Washington, D.C. before Congress takes a three-week hiatus and the summer doldrums kick in. Next week will kick-start what the Republican-led US House of Representatives dubs ‘Crypto Week.’ During ‘Crypto Week,’ the US House of Representatives will consider three digital asset bills, including:
· The Genius Act: GENIUS, which stands for ‘Guiding and Establishing National Innovation for US Stablecoins Act) will aim to put a regulatory framework around stablecoins for the first time in US history.
· The CLARITY Act: This act aims to establish a comprehensive regulatory framework for digital assets by defining the boundaries between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
· The Anti-CBDC Surveillance Act: Seeks to prevent the Federal Reserve from creating and issuing a central bank digital currency (CBDC).
Should the GENIUS and CLARITY Act legislation pass, it would be a welcome sign for crypto companies. Until now, digital asset regulations have either been non-existent, unclear, or conflicting.
How Likely is it that ‘Crypto Week’ Legislation Passes?
Overseas betting market Polymarket gives The GENIUS Act a 91% chance of passing and The CLARITY Act a 54% chance (at the time of this writing.
Stocks to Buy into Crypto Week
If you believe the GENIUS Act will pass, the two stocks that will benefit the most are Circle Group and Coinbase Global. COIN and CRCL manage USDC, the second-largest stablecoin. That said, COIN is the more attractive stock from a relative perspective. CRCL has a market cap of $45 billion, while COIN has a market cap double that. However, COIN’s USDC revenue (which has a 50/50 revenue split partnership with CRCL) only comprises ~15% of its business, while CRCL’s USDC revenue makes up nearly 100% of its revenue.
Additionally, COIN shares are positioned in an explosive-looking daily bull flag base structure.
Meanwhile, any crypto legislation that passes will likely be bullish for Bitcoin proxies, such as Strategy, iShares Bitcoin Trust ETF and the ARK Bitcoin ETF.
Bottom Line
As Crypto Week approaches, the eyes of the digital asset world will be fixed on Washington DC. The potential passage of the GENIUS and CLARITY Acts could mark a pivotal shift for the crypto industry, ushering in long-awaited regulatory clarity.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Zacks Investment Ideas feature highlights: Circle Group, Coinbase Global, Strategy, iShares Bitcoin Trust ETF and the ARK Bitcoin ETF
For Immediate Release
Chicago, IL – July 10, 2025 – Today, Zacks Investment Ideas feature highlights Circle Group (CRCL - Free Report) , Coinbase Global (COIN - Free Report) , Strategy (MSTR - Free Report) , iShares Bitcoin Trust ETF (IBIT - Free Report) and the ARK Bitcoin ETF (ARKB - Free Report) .
Crypto Week Looms: A Look at Incoming Digital Asset Legislation
Now that the July 4th holiday has passed and President Donald Trump’s controversial ‘Big Beautiful Bill’ has been passed into law, Wall Street investors are preparing for one last week of action from Washington, D.C. before Congress takes a three-week hiatus and the summer doldrums kick in. Next week will kick-start what the Republican-led US House of Representatives dubs ‘Crypto Week.’ During ‘Crypto Week,’ the US House of Representatives will consider three digital asset bills, including:
· The Genius Act: GENIUS, which stands for ‘Guiding and Establishing National Innovation for US Stablecoins Act) will aim to put a regulatory framework around stablecoins for the first time in US history.
· The CLARITY Act: This act aims to establish a comprehensive regulatory framework for digital assets by defining the boundaries between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
· The Anti-CBDC Surveillance Act: Seeks to prevent the Federal Reserve from creating and issuing a central bank digital currency (CBDC).
Should the GENIUS and CLARITY Act legislation pass, it would be a welcome sign for crypto companies. Until now, digital asset regulations have either been non-existent, unclear, or conflicting.
How Likely is it that ‘Crypto Week’ Legislation Passes?
Overseas betting market Polymarket gives The GENIUS Act a 91% chance of passing and The CLARITY Act a 54% chance (at the time of this writing.
Stocks to Buy into Crypto Week
If you believe the GENIUS Act will pass, the two stocks that will benefit the most are Circle Group and Coinbase Global. COIN and CRCL manage USDC, the second-largest stablecoin. That said, COIN is the more attractive stock from a relative perspective. CRCL has a market cap of $45 billion, while COIN has a market cap double that. However, COIN’s USDC revenue (which has a 50/50 revenue split partnership with CRCL) only comprises ~15% of its business, while CRCL’s USDC revenue makes up nearly 100% of its revenue.
Additionally, COIN shares are positioned in an explosive-looking daily bull flag base structure.
Meanwhile, any crypto legislation that passes will likely be bullish for Bitcoin proxies, such as Strategy, iShares Bitcoin Trust ETF and the ARK Bitcoin ETF.
Bottom Line
As Crypto Week approaches, the eyes of the digital asset world will be fixed on Washington DC. The potential passage of the GENIUS and CLARITY Acts could mark a pivotal shift for the crypto industry, ushering in long-awaited regulatory clarity.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.