🚨 U.S. House Sets "Crypto Week" – Key Votes on Stablecoins, Market Rules & CBDC Ban Coming July 14

Breaking: The U.S. House will vote on three major crypto bills next week, shaping America’s financial future. Here’s what’s at stake:

📜 The Big Three Bills

1️⃣ GENIUS Act (Stablecoins)

Requires 100% USD backing for stablecoins

Mandates annual audits for issuers >$50B market cap

Sets rules for foreign stablecoin operators

2️⃣ Digital Asset Market Clarity Act

Defines SEC vs. CFTC crypto jurisdiction

Imposes custody rules & investor protections

Stops commingling of customer/corporate funds

3️⃣ Anti-CBDC Bill (Led by Rep. Emmer)

Bans Fed from issuing a retail CBDC

Cites privacy risks of government-controlled digital cash

⚡ Why This Matters

✅ Regulatory Clarity: Could end the SEC’s "regulation by enforcement" era
✅ Institutional Green Light: Clear rules may unlock Wall Street crypto adoption
✅ Stablecoin Surge: GENIUS Act could make USD stablecoins the global standard
❌ CBDC Roadblock: Bill reflects growing anti-surveillance sentiment

🗳️ Political Context

🔴 GOP Push: House Speaker Mike Johnson calls this "Crypto Week" – part of Trump’s pro-crypto agenda
💰 Trump’s Ties: POTUS has earned $620M+ from crypto ventures (TRUMP coin, DeFi platforms)
📉 Democrat Resistance: Critics call it a "giveaway to crypto billionaires"

📅 What’s Next?

July 14: House debates & votes

If passed, bills move to Senate negotiation

Final versions could reach Trump’s desk by August

#CryptoRegulation #Stablecoins #CBDC #Bitcoin #GENIUSAct

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