#AltcoinSeasonLoading The U.S. House of Representatives recently made significant moves in cryptocurrency legislation, despite facing some setbacks. Here's what's happening¹ ² ³:
- *Crypto Week*: The House designated July 14-18, 2025, as "Crypto Week" to advance key bills, aiming to clarify regulatory frameworks for digital assets and stablecoins.
- *Key Bills*:
- *GENIUS Act*: Establishes a federal framework for stablecoin issuance, requiring 1:1 asset reserves, regular audits, and anti-money laundering compliance.
- *CLARITY Act*: Defines crypto market structure, separating commodities and securities, and provides legal safe harbors for blockchain innovators.
- *Anti-CBDC Surveillance State Act*: Bans a Federal Reserve digital currency, promoting private alternatives backed by the U.S. dollar.
- *Recent Developments*: The House voted 196-222 against advancing these crypto bills on July 15, 2025, halting Republican leaders' plan for industry-backed "crypto week".
- *Future Prospects*: Despite setbacks, Congressional hearings have shown a new seriousness about regulation, and some lawmakers are optimistic about passing legislation in 2025.$BTC
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