The U.S. House of Representatives announces "Crypto Week" activities to be held next week, focusing on three cryptocurrency bills
The U.S. House of Representatives will hold a milestone "Crypto Week" event from July 14-18. This initiative was proposed by Republican leaders in response to Trump's push for the development of digital assets and to clarify the regulatory chaos surrounding blockchain. Against the backdrop of a digital economy in urgent need of a clear regulatory framework, lawmakers see this meeting as a key opportunity to unleash the potential of crypto innovation and consolidate the U.S. dominance in the crypto space. It is reported that this meeting will focus on three key cryptocurrency bills, including 1) the "GENIUS Act" (promoting the adoption of stablecoins by traditional financial systems, benefiting issuers like Tether); 2) the "CLARITY Act" (aiming to clarify the classification standards between security tokens and commodity tokens, which, if passed, would provide legal certainty for developers and trading platforms); 3) the "Anti-CBDC Surveillance Act" (prohibiting the Federal Reserve from issuing a digital dollar, reflecting the Republican ideological resistance to centralized financial systems, although less urgent, it carries significant symbolic policy meaning). It is reported that participants in the crypto ecosystem, such as stablecoin issuers, exchanges, and DeFi platforms, will pay close attention to the meeting results, as they are closely related to their own development. For example, the "GENIUS Act" could change the capital flow model between traditional banks and fintech companies, while the "CLARITY Act" may reduce SEC litigation risks and create a more predictable compliance environment.