#USCryptoWeek Here’s a clearer picture on #USCryptoWeek in Washington, D.C.:
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🇺🇸 What Is Crypto Week?
The U.S. House of Representatives has officially designated July 14–18, 2025, as “Crypto Week”—a legislative push focused on digital asset regulation .
The key agenda items are three major bills:
1. GENIUS Act (stablecoin framework)
2. CLARITY Act (defines SEC vs. CFTC roles)
3. Anti‑CBDC Surveillance State Act (seeks to ban a U.S. central bank digital currency)
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🗓 Timeline & Key Events
July 14–18: Floor votes expected in the House on all three bills .
July 16:
A Ways & Means Committee hearing on crypto taxation (“Making America the Crypto Capital of the World”) .
Potential discussion of crypto tax reforms, such as Lummis’s bill to exempt small‑value transactions under $300 .
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💡 Why It Matters
Stablecoin clarity: If the GENIUS Act passes, issuers would have clear requirements like full‑reserve backing and regulatory oversight .
Market structure certainty: The CLARITY Act would transfer supervision of “mature” digital assets from the SEC to the CFTC .
CBDC ban symbolism: Though the Fed has no immediate CBDC plans, the Anti‑CBDC Act reflects strong political views on privacy and government surveillance .
Tax clarity emerging: With a dedicated hearing, the House aims to address longstanding crypto tax complexity .
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🔍 Market & Industry Reaction
Crypto markets surged ahead of Crypto Week: Bitcoin hit nearly $118,860 and Ethereum climbed above $3,040 .
Industry groups like Coinbase and Stand With Crypto are lobbying heavily—one letter from 65+ firms urged swift passage .
Analysts say this could set the stage for the U.S. to lead in digital asset innovation—but skeptics warn of potential consumer risks and political motives .
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🧩 What You Should Watch
Date Item
July 14–18 House votes on GENIUS, CLARITY, Anti‑CBDC
July 16 Tax hearing by Ways & Means Committee
Post‑Week Senate to follow up; possible meeting with the President