$BTC Background Information:
The U.S. government's regulatory stance on cryptocurrencies is becoming increasingly clear, having previously signed an executive order on cryptocurrencies and established the President's Working Group on Digital Assets.
On March 7, 2025, the White House hosted its first cryptocurrency summit, bringing together experts from around the world in the field of digital assets and digital markets.
The Trump administration signed the "Great and Beautiful Act" on July 4, 2025, freeing up more energy to advance cryptocurrency legislation.
Main content of Crypto Week:
The U.S. House of Representatives has designated local time from July 14 to 18 as "Cryptocurrency Week."
During this period, three important pieces of cryptocurrency legislation will be reviewed: the "Guidance and Establishment of a National Innovation Act for U.S. Stablecoins" (the "GENIUS Act"), the "CLARITY Act," and the "Anti-CBDC Surveillance National Act."
The "GENIUS Act" aims to establish rules for the issuance and operation of dollar-backed payment stablecoins.
The "CLARITY Act" is a bipartisan initiative aimed at providing regulatory clarity for the broader cryptocurrency sector.
The "Anti-CBDC Surveillance National Act" is related to the monitoring of Central Bank Digital Currency (CBDC).
Significance of Crypto Week:
Provides a platform for focused discussion and promotion of related legislation for the cryptocurrency industry.
Helps clarify the regulatory framework for cryptocurrencies, providing a more stable environment for industry development.
Demonstrates the U.S. government's proactive attitude in the cryptocurrency field, which may impact the global cryptocurrency market.
Facilitates the review and passage of cryptocurrency-related bills, laying the groundwork for future development.