Crypto Week will take place in the United States to promote the passing of important blockchain and digital asset legislation.
The program is initiated by leaders of the U.S. Department of the Treasury and Agriculture to strengthen the United States' leading role in the global blockchain and cryptocurrency sector.
MAIN CONTENT
Crypto Week takes place from July 14 with three key bills regarding Blockchain and cryptocurrency.
The three bills include the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act.
Objective: Accelerate the legal process to help the United States maintain its pioneering position in Blockchain innovation.
What is Crypto Week and what is the purpose of this event week?
Crypto Week is an event organized by the U.S. Congress from July 14, aimed at accelerating the passage of key laws related to cryptocurrency and Blockchain technology. Led by Chairman of the Financial Services Committee French Hill and Chairman of the Agriculture Committee GT Thompson, this initiative reflects the strategic vision of the U.S. government in the Blockchain field.
The launch of Crypto Week is expected to create an important momentum, enhancing the legal status and development environment for cryptocurrency and Blockchain businesses across the United States.
What is the significance of the three main bills in Crypto Week?
The three key bills include: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act, designed to protect user privacy, clarify regulations, and encourage the sustainable development of the Blockchain industry. According to legal experts, these bills contribute to building a transparent legal framework that balances technological innovation and risk management.
Crypto Week marks an important turning point in the legal journey of cryptocurrency in the United States, helping to establish global standards for Blockchain technology.
French Hill, Chairman of the U.S. House Financial Services Committee, 6/2025
What is the CLARITY Act and what is its impact?
The CLARITY Act plays a role in clarifying the definitions and classifications of digital assets, helping investors and financial institutions understand their rights and legal responsibilities. This bill helps minimize disputes and increase transparency in the cryptocurrency operating environment.
How does the Anti-CBDC Surveillance State Act protect users?
This bill aims to prevent excessive government surveillance of CBDC (central bank digital currency) transactions, ensuring privacy and data security for users. This is a highlight in balancing financial reform and protecting digital civil rights.
How does the GENIUS Act promote Blockchain development?
The GENIUS Act is designed to create a favorable environment for businesses to innovate Blockchain technology, thereby enhancing competitiveness and innovation in the global cryptocurrency market.
“We are committed to pushing legislation so that the United States is not only a leader in technology but also a country that creates an effective and responsible legal framework.”
GT Thompson, Chairman of the U.S. House Agriculture Committee, 6/2025
What is the impact of Crypto Week on the global cryptocurrency industry?
The Crypto Week initiative reflects the determination of the United States to become the world's leading center for Blockchain technology innovation. According to a 2024 report from an international Blockchain research organization, improving legislation will boost the growth of the U.S. cryptocurrency industry by $25 million, while attracting more global investors and technology companies.
Frequently Asked Questions
When does Crypto Week take place and what is its purpose? Crypto Week takes place from July 14, initiated by the United States Congress to promote key legislation regarding Blockchain and cryptocurrency. What are the three main bills in Crypto Week? The three bills include the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act, focusing on legal clarification, privacy protection, and promoting Blockchain innovation. What is the main effect of the CLARITY Act? This bill clearly defines the type of digital asset, helping to increase transparency and protect digital asset investors. How does the Anti-CBDC Surveillance State Act protect users? The bill restricts excessive government surveillance of digital currency transactions issued by central banks. How does the GENIUS Act support the Blockchain industry? The GENIUS Act facilitates Blockchain technology development by increasing resources and promoting innovation.
Source: https://tintucbitcoin.com/bitcoin-tang-ethereum-giam-ngay-4-7-2025/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!