**🇺🇸 July 14 - The USA votes for crypto reforms that could change the rules of the game!**
🔍 **Who and what for?**
🏛️ **US Congress** - passes laws to provide the crypto market with clear and transparent rules.
📈 **SEC (Securities and Exchange Commission)** and **CFTC (Commodity Futures Trading Commission)** - determine what are securities and what are commodities.
🏦 **FRS (Federal Reserve System)** - controls the issuance of the state digital currency (CBDC) and monitors financial stability.
🟢 **GENIUS Act**
🔧 Developed to control stablecoins:
- mandatory reserves
- independent audits
- protection against money laundering
📋 Will be controlled by the Ministry of Finance, SEC and FinCEN
🔴 **Clarity Act**
🎯 Finally separates digital assets:
- **SEC** will receive clear control over "securities"
- **CFTC** - over "commodities", such as Bitcoin and Ethereum
📊 This will allow regulators to act without chaos
🔴 **Anti-CBDC Act**
🚫 Will prohibit the Fed from creating a **retail CBDC**
🔐 Will protect privacy - the state will not be able to track transactions of the population
🧭 **Result:**
- Large-scale Web3 regulation
- Attracting institutional investors
- Transparent game without double standards
#BinanceUkraine #CryptoLaw #GENIUSAct #ClarityAct #NoCBDC #Stablecoins #14JulyVote