📣 US “Crypto Week” Update – What’s Next for Stablecoins & Altcoins?

As the US Congress gears up for a pivotal week (July 14–18), three major bills are on track:

🏛️ Key Legislation

1. GENIUS Act

– Enforces 100% liquid reserves for payment stablecoins & regular reporting.

– Federal oversight kicks in for issuers exceeding $10 billion in circulation.

– Classifies "payment stablecoin" outside securities & restricts yield-bearing features. Cryptopolitan

2. CLARITY Act

– Clearly delineates regulatory jurisdiction between the SEC and CFTC.

– Offers formal classification for digital assets, fostering transparency. Cryptopolitan

3. Anti‑CBDC Surveillance State Act

– Bars the Federal Reserve from introducing a digital dollar (CBDC).

– Aims to safeguard financial privacy from government surveillance. Cryptopolitan+6Stand With Crypto+6Ledger Insights+6

🚨 What’s Coming This Week

Congress plans house votes during “Crypto Week.”

Given Senate approval (68–30), the GENIUS Act is likely to advance toward presidential signature. AMBCrypto

📈 Market Implications

AreaPotential ImpactStablecoinsBoosts credibility via reserves and oversight — though issuance caps may apply.BanksTraditional banks may feel pressure as stablecoins offer cheaper transactions. Altcoins & DeFiRegulatory clarity could drive institutional interest — but compliance demands may rise.

🔍 Watch These Developments

Voting results during Crypto Week (July 14–18)

Amendments to the GENIUS/CLARITY Acts or additional rider provisions

Market responses: stablecoin peg stability, altcoin volatility, bank reaction

Stablecoins become more reliable and mainstream on cryptoexchange.

Regulatory clarity boosts confidence for altcoins and DeFi listings.

Anti-CBDC stance encourages crypto ecosystems over centralized digital dollars.

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