Crypto Inheritance Update: July 2025
A newsletter for Vault12’s customers on regs, the industry, and crypto inheritance management.
July Highlights:
Crypto Week delivers three bills. For the first time, a crypto bill became a law.
On July 18, President Donald Trump signed the GENIUS Act into law, marking the first major federal legislation specifically addressing cryptocurrency. According to a White House fact sheet, this legislation aims to establish the United States as a global leader in digital currency innovation. Under the Act, stablecoins must now be fully backed, on a one-to-one basis, by either U.S. dollars or short-term Treasury securities. Additionally, stablecoin issuers are required to provide public disclosures, enhancing transparency and consumer protection. The Act also prioritizes stablecoin holders' claims above other creditors in insolvency cases, further safeguarding consumers. This new legislation is anticipated to significantly reshape the stablecoin market, potentially affecting several existing stablecoins that do not currently meet these stringent requirements. President Trump emphasized that the GENIUS Act will help secure the U.S. dollar's continued dominance as the global reserve currency.
See the White House’s fact sheet here.
The House passed the Senate’s GENIUS Act stablecoin bill by a vote of 308-122 vote. The President signed the bill into law on July 18. (Text)
The House passed the CLARITY Act market structure legislation by a vote of 294-134. Now goes to Senate. (Text)
The House passed the Anti-CBDC Surveillance State Act to prohibit the Federal Reserve from issuing a U.S. central bank digital currency passed by a vote of 219–210. (Text)
ICYMI Definitions: The CLARITY Act (Digital Asset Market Clarity Act) is a key part of the broader digital asset market structure bill being advanced in the House.
Here’s how it breaks down:
The market structure bill refers to a comprehensive legislative package aimed at defining how digital assets (like cryptocurrencies and stablecoins) should be regulated in the U.S.
The CLARITY Act is a central component of this package. It specifically focuses on defining the roles of the SEC and CFTC, setting rules for when a digital asset is a security vs. a commodity, and establishing pathways for compliance.
ICYMI CZ, founder of Finance recently gave remarks in an interview about the need for every crypto platform to have a “Will” or inheritance function.
We are busy briefing platforms on what it takes to bring this capability to their everyday customers.
Let us know if you have a favourite exchange who should power their inheritance using Vault12 (for less than a dollar a day). Don’t forget to send a message to your crypto platform provider, recommending Vault12.
And for our competitors, we’ve been doing this for ten years, you might copy or replicate our capabilities, but you certainly don’t have the strength in depth, nor the privacy protection to ensure digital assets can be safely passed on to future generations. We know, we’ve checked. Happy to license.
*NEW* Promo Codes for Vault12 Guard
The promo codes for iOS are good for a 1 year subscription at no cost, then will revert to standard price for the Inheritance plan. iOS codes can be redeemed in the Apple App Store.
The promo codes for Android are good for 90 days subscription at no cost, then will revert to standard price for the Inheritance plan. Android codes are redeemed when selecting and paying for the Inheritance plan in the app.
See instructions for how to redeem here.
Code: NL0525
iOS: https://apps.apple.com/redeem?ctx=offercodes&id=1451596986&code=NL0525
Android: Enter code NL0525 when you select the Inheritance plan
| Vault12 Guard iOS | Vault12 Guard Android
Panels & Podcasts:
Digital Commonwealth Summit: How the shift in US policy and regulation is reshaping Digital Assets
Genzio Podcast: Crypto Inheritance and Quantum safe encryption
Vault12 Guard Product Update
July 2025 - Version 2.6.6 TBD
This month we have been focused on optimising the onboarding process for nw customers, in the last release e introduced a new way to start using Vault12, with some data in our pockets we’re continuing to adjust the flow.
In a subsequent release this month or next, we will be removing the Free plan - anyone who wants to try the product can do so with either the Backup or Inheritance plans, and we have also been liberally distributing promo codes. Guardians will always be free forever and free to experiment with their own Vaults, with their own Guardian plan - no changes there.
*** Those of you using the product - we are creating a strategy guide for how to pick Guardians, who, how many, where, why etc…. you’ve probably grappled with this yourself - we’d like to hear from you - send us a message or post in our thread on Discord, or you can message us on X (@Vault12Guard)
All product updates | Release Notes | Vault12 Guard iOS | Vault12 Guard Android
New to Crypto Inheritance? Start here.
Choosing a Crypto Wallet
Continuing our series on crypto wallets…. I finally had time to unbox and my Ledger Stax, which was delayed by 2 years and then sat in my travel case for a year… what a beautiful piece of engineering. However I had to laugh, when I opened the box to see a very expensive piece of paper for noting down your seed phrase. Even now 9 out of 10 wallet providers suggest you back your crypto wallet on a piece paper, which is a terrible, terrible idea.
Anyway take a look at the Ledger Stax and the Trezor Model T, two of the world’s best hardware wallets.You can use them to store your crypto—and you can use Vault12 to back them up and ensure your assets can be inherited. We’ve published a bunch of comparisons—check them all out here.
What happens to your Crypto when you die?
The very first thing to know is, if you don’t plan ahead, you will lose all that crypto. Once you start planning, you will be faced with a number of decisions on how best to plan and manage your crypto inheritance. Here’s our three step guide:
Bonus for Our Loyal Subscribers
If you’re on iOS, you can snag a free year. On Android? 90 days free. Promo codes have been flying around in our recent podcasts and panels, but here’s one just for you, dear reader: NL0525 – grab it now with our guide: “How to Claim Your Vault12 Guard Promo Codes for iOS and Android”.