U.S. Passes 2025 Crypto Bills, Establishing Stablecoin Rules and CBDC Limits

As reported by CoinPaper, U.S. lawmakers passed a set of crypto bills in 2025, marking a major shift in digital asset regulation. The legislation, introduced during a coordinated legislative effort known as 'Crypto Week,' established federal standards for stablecoins, clarified market structure, and imposed restrictions on the Federal Reserve's ability to issue a retail CBDC without congressional approval. The White House signed the first major crypto law by mid-year, signaling a long-term regulatory commitment. The stablecoin bill requires issuers to hold high-quality liquid reserves and provides a clear path for banks and regulated firms to participate. The market structure bill aims to define how tokens are classified and supervised, while the CBDC restrictions are framed as a privacy safeguard. Agencies have begun outlining implementation processes, shifting the focus from whether Congress will act to how quickly the framework will be executed.