Unified Legislative Intelligence
Every US Jurisdiction. One Stablecoin & Digital Asset Matrix.
Federal law just moved — the GENIUS Act is enacted. Fifty states are still writing their own chapters. This hub maps bill status, political control, regulatory stance, and prediction impact across Congress and every state legislature.
States with verified bill data are sourced from the GMIIE tracker database and public legislature records. States marked Monitoring have no confirmed digital-asset/stablecoin bill in our tracker yet — not fabricated placeholders. For worldwide media bills and gov policy (Germany, Switzerland, EU, BIS, IMF), see the Global Media & Governance Desk.
6
Federal Bills Tracked
50
US States Covered
5
States — Active Framework
1.25
US RegClarity (post-GENIUS)
Federal Bill Matrix
| Bill | Status | Chamber | Summary | Prediction Impact |
|---|---|---|---|---|
|
GENIUS Act
Guiding and Establishing National Innovation for US Stablecoins · S.1582 / H.R.4766
|
ENACTED | Signed into law · May 2025 | First comprehensive federal payment-stablecoin framework: reserve backing, issuer oversight (Fed/OCC/FDIC), attestation requirements, and consumer redemption rights. Establishes federal preemption baseline for large issuers. | R3 RegClarity 0.75 → 1.25. Circle USDC, JPMorgan, BNY Mellon in regulatory green zone. Tether offshore structure faces de facto exclusion risk. Oracle: institutional on-chain deployment +12–18% over 90 days. Signal 91/100. |
|
FIT21
Financial Innovation and Technology for the 21st Century Act · H.R.4763 (House passed)
|
Senate — Committee Markup | Senate Banking · House passed 279-136 (2024) | Market-structure bill: CFTC jurisdiction over most digital commodities, SEC over offered securities, exchange registration paths, consumer protections. Would resolve SEC/CFTC turf war that has frozen institutional product launches. | Oracle market: 58% Senate passage before end 2026. GMIIE private model: lower, given committee friction. Passage unlocks exchange-traded crypto products and broker-dealer digital asset desks at scale. |
|
CLARITY Act
Digital Asset Market Clarity Act · House Financial Services draft
|
Introduced / Active Draft | House · Financial Services | Defines digital commodity vs security using functional tests; creates registered digital commodity exchange framework; limits SEC enforcement-by-litigation for assets meeting commodity criteria. | Stance: Pro-Clear for industry, contested by consumer advocates. Complements FIT21 — if both pass, US would have most complete digital asset market structure globally. Watch House-Senate reconciliation with FIT21. |
|
Anti-CBDC Surveillance State Act
H.R.5403 · S.3800 companion
|
House Passed · Senate Pending | House passed · Senate Banking | Prohibits Federal Reserve from issuing retail CBDC without explicit congressional authorization. Does not affect wholesale CBDC pilots or stablecoin legislation. | Reinforces private stablecoin path over Fed retail digital dollar. Aligns with GENIUS Act policy direction. CBDC Adoption Trajectory Score: US retail CBDC probability reduced ~15% in GMIIE model. |
|
STABLE Act of 2025
Stablecoin Transparency and Accountability · Senate alternative framework
|
Draft / Competing Framework | Senate Banking · Competing with GENIUS implementation | Earlier Senate stablecoin proposal emphasizing 1:1 reserve backing and issuer licensing. Largely superseded by GENIUS enactment but informs implementation rules and state preemption debates. | Low standalone passage probability post-GENIUS. Influence remains in implementation comment letters and state-level preemption fights. |
|
Digital Asset Tax Clarity Act
H.R.8288 · De Minimis exemption coalition bill
|
Referred to Committee | House Ways & Means | Would exempt small personal digital asset transactions from capital-gains reporting. Addresses practical friction for retail use and merchant adoption. | Moderate deployment-ring impact. Reduces friction cost for stablecoin payments under $200. Bipartisan support; timing uncertain. Not structural but affects retail velocity metrics. |
State Map & Filters
Framework Status
Active Framework
Pending / In Legislature
Monitoring
Clarity Stance
Pro-Clear · Mixed · Restrictive · Unknown
Active Framework
Pending / In Legislature
Monitoring
Clarity Stance
Pro-Clear · Mixed · Restrictive · Unknown
Active Law in force or charter operating
Passed Legislature cleared; executive action pending
Pending Bill introduced or in committee
Monitoring No tracked bill — GMIIE watching
All 50 States — Digital Asset & Stablecoin Tracker