#USCryptoWeek By the way, friends, I almost forgot to mention: "Cryptoweek" is underway in Washington, a rare moment when both chambers of Congress are laser-focused on digital assets. Lawmakers are pushing three main bills, each with the potential to shake up the market:

🟡 Stablecoin Act. Establishes uniform reserve and reporting standards. If passed, USDC, USDT, and future rivals will receive clear rules, and banks or fintechs could issue stablecoins with a federal license.

🟡 Custody Framework. Allows brokers and registered trust companies to custody crypto under the same rules that apply to securities, removing a key legal hurdle for large institutions.

🟡 Digital Infrastructure Bill. Updates the tax code: faster depreciation for mining equipment, data centers, and L2 validators, along with grant programs for network projects.

Expect increased volatility. If even two of the three bills clear Congress, institutional demand could surge. A defeat, or heavy amendments, could trigger a pullback, especially with the unfilled gaps lurking ahead.

Stay tuned for this week’s schedule: a committee markup on Thursday and a possible floor vote on Friday will set the tone.