#USCryptoWeek
The US Congress is gearing up for "Crypto Week" from July 14 to 18, 2025, a significant event that could shape the future of cryptocurrency regulation. Here are the key developments to watch out for:
Key Legislation
- *The CLARITY Act*: Aims to establish a clear regulatory framework for digital assets, dividing oversight between the SEC and CFTC. This bill could provide much-needed clarity for investors and developers.
- *The GENIUS Act*: Focuses on regulating stablecoins, ensuring market stability and consumer protection. This legislation has already passed the Senate and is expected to move to the President's desk.
- *The Anti-CBDC Surveillance State Act*: Seeks to prevent the development of a Central Bank Digital Currency (CBDC), raising concerns about privacy and surveillance.
Market Impact
- *Bitcoin Surge*: The anticipation of Crypto Week has led to a surge in Bitcoin's price, reaching new highs above $118,000. This momentum could continue if the legislative efforts are perceived as favorable to the crypto industry.
- *Institutional Interest*: Growing institutional attention and investment in crypto could lead to increased adoption and market stability.
What's Next
- *Hearings and Debates*: The House Ways and Means Committee will hold a hearing on July 9 to discuss making America the "crypto capital of the world" and explore digital asset tax policy.
- *Regulatory Clarity*: The outcome of Crypto Week could provide clarity on regulatory frameworks, potentially boosting investor confidence and market growth ¹ ².
