The odds of major crypto legislation in 2025 have shot up to a staggering 70%, according to analysts at Bernstein. A Republican-controlled Senate, a pro-crypto President Donald Trump, and key industry-friendly appointments have paved the way for what could be a groundbreaking year for crypto laws. "A major overhaul is underway," Bernstein’s report stated, adding that the changes are expected to provide "a historic tailwind" for the industry.

Among the most significant bills in the pipeline are those pushing for regulatory clarity–something the crypto world has been demanding for years. According to newcryptocurrency.com, new coins appear almost every day, which provides investors with plenty of opportunities to make quick and lucrative investments. However, with more crypto comes a greater need for regulations. 

Still, it’s worth noting what’s new in the crypto field–perhaps some new project that aligns with your beliefs is on its way? Still, keep an open eye on these new laws and how they affect crypto. 

Payment Stablecoin Act – 70% Chance of Passing

Introduced by Senator Cynthia Lummis in 2024, this bill builds on the Clarity for Payment Stablecoin Act from 2023. It mandates that stablecoins be US-issued, fully backed by Treasury bills or cash reserves, and explicitly bans algorithmic stablecoins. If passed, this law could set the foundation for a stablecoin market with clear rules and greater institutional trust.

GENIUS Act – 70% Chance of Passing

Short for the "Guiding and Establishing National Innovation for US Stablecoins Act," this bipartisan bill takes a flexible approach to stablecoin reserves while requiring a study on algorithmic stablecoins. However, not everyone is on board–Senator Elizabeth Warren has voiced concerns over its lack of strong anti-money laundering measures.

FIT21 – One to Watch

The Financial Innovation and Technology for the 21st Century Act (FIT21) breezed through the House in May and is now on its way to the Senate. This bill aims to define the roles of the SEC and CFTC in regulating crypto. While Bernstein didn’t assign it a probability, its bipartisan support makes it a strong contender.

RFIA – 50% Chance of Passing

The Responsible Financial Innovation Act, first introduced in 2022 by Lummis and Kirsten Gillibrand, is considered the most comprehensive crypto regulation bill. However, it hasn’t yet been reintroduced in the current Congress, which could complicate its chances.

Stablecoin Transparency Act – 30% Chance of Passing

Originally proposed by Senator Bill Hagerty, this bill would require stablecoins to be backed by fiat money, Treasury bills, or repurchase agreements. It also demands monthly updates on reserves, adding an extra layer of transparency for issuers.

Other Bills with Lower Odds

Several other bills, including the National R&D Strategy for Distributed Ledger Technology Act (10%), the Preventing Illicit Finance Through Partnerships Act (10%), and the Keep Innovation in America Act (10%), are still in the mix. However, their passage seems less likely in the near term. Meanwhile, the BITCOIN Act, aimed at establishing a national Bitcoin reserve, has only a 5% shot, and Senator Warren’s Digital Asset Anti-Money Laundering Act, struggling for support, is also at just 5%.