SEC Chair Paul Atkins praises the home for overtaking genius, clarity and anti-CBDC acting

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Key takeout

The House has passed three Trump-backed cryptography bills.
SEC Chair Paul Atkins praised the law in an official statement Thursday, calling it a “historic milestone.”

The House today passed three major crypto bills backed by the Trump administration. Genius act, Clarity Act, and Anti-CBDC Act.

Now, the legislative package facing President Trump’s desk creates a regulatory framework for payment stability, defines entities that are permitted to issue them, and prohibits the Federal Reserve from launching central bank digital currencies.

SEC Chair Paul Atkins praised the officials’ aisle SEC Statement Released Thursday afternoon, it will be called a “historic milestone” for innovators and market participants working in the digital assets field.

“I want to congratulate the House on passing the Genius Act and praise the work that both the House and the Senate spent on this important legislation,” Atkins said.

Atkins highlighted the role of genius law in setting clear guidelines for payment stability coins, adding that entrepreneurs deserve “clear rules of the road.” He said the framework allows for faster, cheaper and safer financial transactions while maintaining strong risk protection.

“The passage of today’s act of genius sends a strong message that this administration is taking on a new course,” Atkins said. “This is an important step to fostering innovation by providing clear rules for roads to the crypto industry.”