Crypto’s Big Shake-Up: 10 New Bills That Could Redefine the Industry in 2025

The landscape of cryptocurrency regulation in the U.S. is on the brink of a historic transformation. Analysts at Bernstein estimate a 70% chance that 2025 will bring sweeping new crypto laws, a major shift that could provide unprecedented regulatory clarity and industry growth.

According to Bernstein, the political climate has never been more favorable for crypto. With Donald Trump back in office, a Republican-controlled Senate, and pro-crypto policymakers taking charge of key committees, the stage is set for regulatory reforms that could reshape the digital asset space.

From stablecoin oversight to financial innovation frameworks, these 10 bills making their way through Congress are the ones to watch. BitGalactic breaks down their potential impact and what they mean for investors and the broader crypto ecosystem.

1. Payment Stablecoin Act – 70% Chance of Passing

This bill aims to establish a clear framework for stablecoin issuance, prohibiting algorithmic stablecoins and mandating that stablecoins be fully backed by U.S. assets. Introduced by Senator Cynthia Lummis, it builds on previous attempts to regulate stablecoins and has strong bipartisan backing.

2. GENIUS Act – 70% Chance of Passing

Officially called the Guiding and Establishing National Innovation for U.S. Stablecoins Act, this bill would require stablecoins to be fully backed while also studying algorithmic stablecoins. Despite pushback from Senator Elizabeth Warren, it has bipartisan support and a high likelihood of passing.

3. FIT21 – High Potential Impact

The Financial Innovation and Technology for the 21st Century Act (FIT21) has already passed the House and is awaiting Senate approval. If enacted, it would define how the SEC and CFTC regulate digital assets, creating a much-needed regulatory framework.

4. Responsible Financial Innovation Act (RFIA) – 50% Chance of Passing

Introduced in 2022 and reintroduced in 2023, RFIA is one of the most comprehensive crypto bills to date. It aims to integrate digital assets into the U.S. financial system. However, since it hasn’t yet been reintroduced in the 119th Congress, its future remains uncertain.

5. Stablecoin Transparency Act – 30% Chance of Passing

Reintroduced by Senator Bill Hagerty, this bill requires stablecoin issuers to provide monthly transparency reports on their reserves. Though less ambitious than the Payment Stablecoin Act, it remains an important piece of legislation for stablecoin oversight.

6. National R&D Strategy for Distributed Ledger Technology Act – 10% Chance of Passing

This bill seeks to develop a national strategy for blockchain research and adoption. While not reintroduced in the current Congress, its inclusion in Bernstein’s analysis suggests some level of ongoing interest.

7. Preventing Illicit Finance Through Partnerships Act – 10% Chance of Passing

Aimed at improving information-sharing between private crypto firms and federal agencies, this bill is designed to combat illicit finance. While its odds of passing remain low, its introduction reflects growing concern about crypto’s role in financial crime.

8. Keep Innovation in America Act – 10% Chance of Passing

Introduced by Patrick McHenry, this bill seeks to revise crypto-related tax reporting requirements set by the Infrastructure Investment and Jobs Act. Despite its potential benefits, it faces significant legislative hurdles.

9. BITCOIN Act – 5% Chance of Passing

Cynthia Lummis’ BITCOIN Act proposes the creation of a strategic Bitcoin reserve to strengthen the U.S. financial system. Though unlikely to pass in its current form, Trump’s pro-crypto stance could boost its prospects in future legislative sessions.

10. Digital Asset Anti-Money Laundering Act – 5% Chance of Passing

Proposed by Senator Warren, this bill aims to impose stricter AML regulations on crypto firms. Given Warren’s difficulties in securing co-sponsors and the bill’s lack of reintroduction, its chances of passing remain slim.

BitGalactic’s Take: What This Means for Crypto Investors

The influx of new crypto bills in Congress signals a turning point for the industry. If even a fraction of these proposals become law, the U.S. could establish a regulatory environment that fosters growth while addressing key concerns around security and transparency.

For investors, this means potential market shifts, new compliance requirements, and clearer legal standing for digital assets. While uncertainty remains, one thing is clear: 2025 could be the year crypto regulation finally takes shape in the U.S.