🧩 What is #USCryptoWeek ?
It is a week dedicated to discussing and regulating digital currencies in the U.S. Congress, specifically in the House of Representatives, from July 14 to July 18, 2025.
During this, three key bills will be voted on that will shape the future of crypto in America:
---
📜 Proposed Bills:
1. GENIUS Act
Approved in the Senate (68 to 30).
Regulates stablecoins (1:1 backed).
Imposes conditions on reserves, anti-money laundering, and audit requirements.
If passed by the House, it will be sent to President Trump for signing.
2. Digital Asset Market Clarity Act
Defines the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Clarifies when a digital currency is considered a "security" and when it is considered a "commodity."
3. Anti-Central Bank Digital Currency (CBDC) Act
Prevents the Federal Reserve from issuing a government digital currency.
Goal: Protect privacy and prevent government surveillance.
---
🗓️ Proposed Timeline:
Date Event
Monday, July 14 Discussion of bills in the Rules Committee at 4 PM Eastern Time.
Tuesday, July 15 House vote on the three bills.
Wednesday, July 16 Tax hearing in the Ways and Means Committee at 9 AM.
Friday, July 18 If the GENIUS Act is passed on Tuesday, Trump may officially sign it on Friday.
---
💡 Why is it important?
Provides legal clarity for crypto projects and companies.
Regulates stablecoins and reduces risks for users.
Rejects the issuance of CBDCs (government digital currency), encourages private innovation.
Direct impact on the market: Bitcoin's price rose to around $118,000 with optimism about upcoming legislation.
---
⚠️ Challenges and objections:
Some consumer rights advocates see the laws as overly serving corporate interests.
Senator Elizabeth Warren criticized the laws, calling them too "soft" on the sector.
Even with the laws passed, regulators will need time to work out the details and implementation.
---
👀 What to watch for?
House voting results on Tuesday, July 15.
Important tax session on Wednesday, July 16.
Will Trump sign the GENIUS Act on Friday, July 18?
Market reaction, especially for coins like $BTC and $ETH and stocks of companies like Coinbase and MicroStrategy.
