#USCryptoWeek

The US House of Representatives has designated July 14-18 as "Crypto Week," a significant move that could shape the future of digital asset regulation in the country. During this week, lawmakers will deliberate on three key bills ¹:

- *CLARITY Act*: Establishes a regulatory framework for digital assets, clarifying the roles of the SEC and CFTC. This bill aims to provide clear guidance for the broader cryptocurrency market, covering cryptocurrencies, digital commodities, and decentralized finance (DeFi).

- *GENIUS Act*: Creates a framework for stablecoins, requiring issuers to hold full reserves backed by the Federal Reserve and comply with anti-money laundering laws. This bill has already passed in the US Senate and could attract trillions of dollars into the US economy.

- *Anti-CBDC Surveillance State Act*: Prohibits the Federal Reserve from developing, issuing, or using a Central Bank Digital Currency (CBDC) for monetary purposes. This bill has sparked intense debate, with some arguing it would prevent government surveillance, while others believe it would hinder innovation.

These bills have garnered significant attention and support from the crypto industry, with many advocates urging lawmakers to act. The outcome of "Crypto Week" could have far-reaching implications for the future of digital assets in the US, potentially paving the way for increased institutional investment and innovation ² ³.