#USCryptoWeek #USCryptoWeek is a tag referring to 'Digital Currency Week' that the U.S. House Committee has dedicated to the period from July 14 to 18, 2025, to discuss and vote on three major bills aimed at establishing a clear regulatory framework for the digital asset industry:
The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins of 2025): Regulates the issuance and management of stablecoins by private companies, requiring them to be backed one-to-one by liquid assets, with stringent registration and disclosure requirements. The Digital Asset Market Clarity Act (known as the CLARITY Act): Defines the jurisdictions of both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing digital assets. The Anti-CBDC Surveillance State Act: Prohibits the U.S. Federal Reserve from issuing a central bank digital currency (CBDC) to protect the financial privacy of citizens.
This event comes amid a wave of optimism in the markets, as Bitcoin reached a new all-time high just before the start of 'Crypto Week' at around $118,071, raising the total market capitalization to about $3.7 trillion.
Overall, #USCryptoWeek aims to provide the digital currency industry with regulatory clarity that stimulates innovation and encourages institutional adoption, while affirming lawmakers' commitment to protecting consumers and preventing any developments that may threaten financial privacy.