GENIUS Act Could Hit Trump Desk By July 7 As Crypto Czar David Sacks Says ”July Will Be A Big Month”
The GENIUS Act, a landmark bill to regulate stablecoins in the US, could reach President Donald Trump’s desk as early as July 7, with crypto czar David Sacks calling next month a big one for digital assets. House Republicans are pushing to pass the GENIUS Act alongside the Clarity Act, which defines how different crypto assets should be regulated, and both could be bundled into a single procedural vote, Bloomberg reported , citing people familiar with the matter. The legislation could reach Trump’s desk as early as the week of July 7, the story said. Sacks teased the legislative momentum in a June 27 post on X, hinting at a potential GENIUS Act signing and progress on broader crypto rules. “July will be a big month, with a bill signing for GENIUS, and CLARITY going to the Senate!” he said. July will be a big month, with a bill signing for GENIUS, and CLARITY going to the Senate! — David Sacks (@davidsacks47) June 26, 2025 Sacks Says Crypto Will Hav...