The Republican Party in the House declares 'Crypto Week' to promote important legislation

The Republican Party in the United States House of Representatives is preparing a legislative assault aimed at reshaping cryptocurrency regulations and preventing state-issued digital currencies in the future.

Agenda and Goals

Starting from July 14, the House will focus on three main bills: Bill #CLARITY , the Anti-State CBDC Surveillance Act, and the GENIUS Act. The primary goal is to establish a clear legal framework for digital assets, protect consumers, and most importantly, prohibit the Federal Reserve from issuing central bank digital currency (CBDC).

Importance and Impact

Legislators such as House Financial Services Committee Chairman French Hill and House Agriculture Committee Chairman GT Thompson emphasize the urgent need for clarity in the regulation of the crypto ecosystem. Congressman Tom Emmer and Senator Cynthia Lummis also assert that the passage of these bills will protect financial privacy and strengthen America's leading position in blockchain innovation. This is a strategic move by the Republican Party under the administration $TRUMP to make the U.S. the global leader in cryptocurrency and financial technology.