#USCryptoWeek #USCryptoWeek
Here is a comprehensive overview of American Crypto Week (July 14-18, 2025) and why it is a pivotal moment:
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📅 What is Crypto Week?
The U.S. House of Representatives officially declared the period from July 14 to 18, 2025, as "Crypto Week" to highlight the regulation of digital assets, innovation, and investment.
Led by House leaders such as French Hill and G.T. Thompson, and coordinated with Speaker Mike Johnson, this initiative aims to push forward important cryptocurrency-related legislation.
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🧾 Three key bills under review
1. GENIUS Act (Guidance and Establishment of National Innovation for U.S. Stablecoins)
Passed by the Senate with a majority of 68 votes to 30 on June 17, 2025.
It establishes robust frameworks for stable payment coins, including reserves, audits, disclosures, and dual oversight at both federal and state levels.
2. Digital Asset Market Clarification Act (CLARITY)
Clarifies the regulatory authority between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), reducing long-standing jurisdictional confusion.
3. Central Bank Digital Currency (CBDC) Monitoring Act in the United States
Aims to prevent the establishment of any federal Central Bank Digital Currency (CBDC), protecting consumer privacy.