Crypto interest groups spent heavily donating to lawmakers who went on to support crypto legislation on Capitol Hill.

The U.S. House on Thursday passed the first major piece of nationwide legislation to regulate cryptocurrencies, a move widely expected to bring the once-obscure payment technology further into the mainstream economy.

To be sure, the road to the passage of the three bills was not smooth, since 12 hardliners scuttled a procedural vote on the GENIUS Act on Tuesday, prompting House Speaker Mike Johnson to halt the process.

The House is considering three bills that would regulate digital currencies. The first, the GENIUS Act, is expected to quickly pass and head to President Donald Trump's desk by Friday.

A political standoff has delayed a House vote on cryptocurrency legislation as Republicans struggle with timing constraints and internal disagreements over the GENIUS and Clarity acts.

The GENUIS Act, a stablecoin bill, has already passed the Senate and looks set to become the first standalone crypto measure signed into law. The market structure package called the CLARITY Act could be held up as Democrats have concerns about President Trump's growing crypto empire.

President Donald Trump wished everyone a "Happy Crypto Week" on Truth Social on July 15. The House will soon vote on the GENIUS bill to make America the "UNDISPUTED, NUMBER ONE LEADER" in crypto assets. BTC Volatility Hit Historic Lows as ETF Inflows Transformed Market Dynamics: Bybit & Block Scholes Monthly Report

The crypto super PACs, though, have signaled that the vote breakdown on the broader bill, led by House Financial Services Chair French Hill (R-Ark.), will be their primary consideration as they weigh how to deploy their 2026 haul. The group spent more than $30 million benefiting House Democrats during the last campaign.