Sadatt
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#USCryptoWeek
The US House of Representatives has declared the week of July 14 as "Crypto Week," aiming to advance a trio of landmark digital asset bills. This move is part of a broader effort to cement the United States' position as a global leader in cryptocurrency innovation, aligned with President Donald Trump's economic agenda.
Key Bills to be Considered.
The CLARITY Act: Establishes a clear regulatory framework for digital assets, providing guidance for the broader cryptocurrency market.
The Anti-CBDC Surveillance State Act. Prohibits the Federal Reserve from issuing a central bank digital currency (CBDC) directly to US citizens, citing privacy concerns.
The GENIUS Act: Requires all stablecoins to be fully backed by US dollars or similarly liquid reserves, with annual audits for issuers with a market cap above $50 billion.
These bills have received broad support from GOP leaders, who view them as essential for maintaining US leadership in digital assets while safeguarding consumers and limiting federal surveillance.
The US House of Representatives has declared the week of July 14 as "Crypto Week," aiming to advance a trio of landmark digital asset bills. This move is part of a broader effort to cement the United States' position as a global leader in cryptocurrency innovation, aligned with President Donald Trump's economic agenda.
Key Bills to be Considered.
The CLARITY Act: Establishes a clear regulatory framework for digital assets, providing guidance for the broader cryptocurrency market.
The Anti-CBDC Surveillance State Act. Prohibits the Federal Reserve from issuing a central bank digital currency (CBDC) directly to US citizens, citing privacy concerns.
The GENIUS Act: Requires all stablecoins to be fully backed by US dollars or similarly liquid reserves, with annual audits for issuers with a market cap above $50 billion.
These bills have received broad support from GOP leaders, who view them as essential for maintaining US leadership in digital assets while safeguarding consumers and limiting federal surveillance.
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