#USCryptoWeek *US Crypto Week: A Landmark Event for Digital Assets*

The US House of Representatives is set to host "Crypto Week" from July 14-18, a pivotal moment for the crypto industry. During this week, lawmakers will debate three major bills that could shape the future of digital assets in the US.

*Key Bills Up for Debate*

- *GENIUS Act*: Establishes a federal framework for stablecoin issuance and oversight, requiring full reserve backing in liquid assets like US dollars and Treasury bills, along with transparent monthly disclosures.

- *CLARITY Act*: Defines the roles of the SEC and CFTC in regulating digital assets, providing clarity on whether tokens fall under securities or commodities.

- *Anti-CBDC Act*: Prohibits the development of a US central bank digital currency (CBDC), safeguarding financial privacy ¹.

*Market Impact*

The crypto market has reacted positively to the news, with:

- *Bitcoin surging past $117,000*, driven by investor optimism and ETF inflows.

- *Ether jumping 5%*, XRP rising 9.7%, and Solana increasing 0.8%.

- Total crypto market value exceeding $3.67 trillion.

*What's at Stake?*

The outcome of Crypto Week could determine the future of US crypto adoption, institutional investment, and regulatory clarity. If passed, these bills could mark the first major crypto legislation in US history, shaping how digital assets are treated moving forward ¹ ².