US House Holds Important Hearing to Make America the Crypto Capital of the World

On July 9, 2025, the Oversight Subcommittee of the Ways & Means Committee of the United States House of Representatives will hold a hearing titled “Making America the Crypto Capital of the World”. This hearing aims to discuss and formulate a modern digital asset tax policy that is in accordance with 21st century technological developments.

This hearing is part of a larger initiative, where House Speaker Mike Johnson has designated the following week as “Crypto Week”. During that week, the House will consider several important bills such as the CLARITY Act and the GENIUS Act, which are expected to provide legal certainty and clearer regulations for the crypto market in the US.

The main focus of the hearing includes liquidity regulations, custodian procedures, and investor protection, in order to attract institutional interest and large capital to the US crypto market. This policy is also expected to strengthen the position of the United States as the largest center for digital asset innovation and investment in the world.

The hearing will take place at 4 p.m. local time at 1100 Longworth House Office Building in Washington, and will be available for public viewing via the Ways & Means Committee website.#USGovernment $BTC