#USCryptoWeek
"US Crypto Week" is a significant event that kicked off on July 14 and will run until July 18, 2025. During this week, the US House of Representatives will debate three landmark bills that could shape the future of cryptocurrency regulation ¹:
- *The GENIUS Act*: Aims to establish a regulatory framework for stablecoins, requiring full reserve backing in liquid assets like US dollars and Treasury bills, plus transparent monthly disclosures.
- *The CLARITY Act*: Seeks to define the roles of the SEC and CFTC in regulating digital assets, clarifying whether tokens fall under securities or commodities.
- *The Anti-CBDC Surveillance State Act*: Designed to block the Federal Reserve from launching a central bank digital currency (CBDC), safeguarding financial privacy.
These bills have the potential to ² ³:
- *Boost Institutional Investment*: Clear rules could accelerate inflows into Bitcoin ETFs.
- *Enhance Market Stability*: Defining tokens as commodities or securities could reduce legal battles.
- *Position the US as a Crypto Leader*: Analysts see Crypto Week as a chance for the US to outpace global competitors in blockchain innovation.
The outcome of Crypto Week could have significant implications for the crypto market, with potential effects on ⁴ ¹:
- *Bitcoin's Price*: Surpassed $118,000, driven by ETF inflows and policy optimism.
- *Altcoin Performance*: Solana, ETH, and XRP saw strong rallies.
- *Market Sentiment*: Investors are racing to take positions ahead of extra publicity during Crypto Week.
