#USCryptoWeek This is a key legislative week in the U.S. House of Representatives, where three important bills on cryptocurrencies and digital assets will be voted on. This week could mark a before and after in the regulation of the crypto sector in the U.S.
📜 The 3 main bills
1. GENIUS Act (for stablecoins)
Creates a federal framework for payment stablecoins.
Requires 1:1 backing with cash or Treasury bonds.
Limits issuance to authorized banks or licensed entities (max. $10 billion).
It has already been approved in the Senate, now it will be voted on in the House.
2. CLARITY Act of the Digital Asset Market
Defines who regulates what:
The SEC regulates assets considered securities.
The CFTC regulates those considered commodities.
Facilitates dual registration of platforms, providing legal certainty.
3. Anti-Surveillance Dollar Digital Currency Act (Anti-CBDC)
Prohibits the Federal Reserve from creating a retail digital currency (CBDC), due to privacy concerns and excessive state control.