CoinMetrics

Congress Moves Forward with Crypto Legislation Amid Market Optimism and Legal Challenges

On July 17, 2025, Congress plans to vote on major cryptocurrency bills, including the GENIUS Act for stablecoins and the CLARITY Act for token markets. Market optimism grows as Ethereum and other tokens rally. Meanwhile, the high-profile trial of Tornado Cash co-developer Roman Storm raises debates over privacy and regulation. Industry developments include Coin Metrics' acquisition by Talos and Coinbase's new Base app.