The U.S. House of Representatives passed the Keep Innovation in America Act on Thursday, June 19, 2026. The legislation aims to establish a federal regulatory framework for digital assets in the United States. It passed with bipartisan support, according to the official House vote tally.
The bill's primary goal is to provide legal clarity for cryptocurrency firms and prevent the industry from moving operations overseas. It directs the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to develop joint rules for classifying and regulating digital assets. A key provision addresses whether a digital asset is a security or a commodity.
Representative Patrick McHenry, a leading sponsor, stated the bill is necessary to 'keep innovation and jobs in America.' The vote follows several years of legislative efforts to create clear rules for the crypto sector. Industry groups have praised the passage as a critical step forward.
The legislation now moves to the U.S. Senate, where its future is uncertain. Senate leadership has not yet indicated if or when a vote will be scheduled. Analysts note that the Senate may propose significant amendments to the House version.
Why This Matters
The passage of this bill by the House marks a milestone in U.S. crypto regulation. A clear federal framework could reduce regulatory uncertainty for blockchain projects, exchanges, and developers operating in the country. The outcome in the Senate will determine whether this regulatory structure becomes law.
