đ¨ U.S. House Sets "Crypto Week" â 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 Americaâs financial future. Hereâs whatâs at stake:
đ The Big Three Bills
1ď¸âŁÂ GENIUS Act (Stablecoins)
Requires 100% USD backing for stablecoins
Mandates annual audits for issuers >$50B market cap
Sets rules for foreign stablecoin operators
2ď¸âŁÂ Digital Asset Market Clarity Act
Defines SEC vs. CFTC crypto jurisdiction
Imposes custody rules & investor protections
Stops commingling of customer/corporate funds
3ď¸âŁÂ 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
â
 Regulatory Clarity: Could end the SECâs "regulation by enforcement" era
â
 Institutional Green Light: Clear rules may unlock Wall Street crypto adoption
â
 Stablecoin Surge: GENIUS Act could make USD stablecoins the global standard
â CBDC Roadblock: Bill reflects growing anti-surveillance sentiment
đłď¸ Political Context
đ´Â GOP Push: House Speaker Mike Johnson calls this "Crypto Week" â part of Trumpâs pro-crypto agenda
đ°Â Trumpâs Ties: POTUS has earned $620M+ from crypto ventures (TRUMP coin, DeFi platforms)
đ Democrat Resistance: Critics call it a "giveaway to crypto billionaires"
đ Whatâs Next?
July 14:Â House debates & votes
If passed, bills move to Senate negotiation
Final versions could reach Trumpâs desk by August
#CryptoRegulation #Stablecoins #CBDC #Bitcoin #GENIUSAct
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