$BTC #USCryptoWeek U.S. Crypto Week: Major Votes Incoming 🇺🇸🧠
From July 14–18, the U.S. House will vote on three key crypto bills that could reshape the industry:
🔹 GENIUS Act 💵
Stablecoin regulations: Requires 1:1 reserves in cash or T-bills, bans interest payments. Already passed the Senate ✅. Introduces federal licensing for issuers.
🔹 CLARITY Act ⚖️
Regulatory clarity: Splits oversight—SEC for securities 🏛️, CFTC for commodities. Clearly defines decentralized, transferable assets as "crypto commodities."
🔹 Anti-CBDC Act 🚫
Blocks the Fed from issuing retail digital dollars, citing privacy and surveillance risks. Passed House in 2024.
Why it matters:
The GENIUS Act could be signed into law by July 18 🖋️
The CLARITY Act faces resistance in the Senate 📉
Together, these bills mark the first comprehensive U.S. crypto regulations 🌐—potentially boosting market confidence while raising concerns over long-term impacts.
These decisions could define global crypto leadership 🚀