#USCryptoWeek

"US Crypto Week" is a week-long event in the US Congress, scheduled from July 14 to 18, where lawmakers will debate and vote on three major crypto-related bills¹ ²:

- *The CLARITY Act*: Aims to establish a clear regulatory framework for digital assets, defining the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing crypto markets.

- *The GENIUS Act*: Focuses on regulating stablecoins, requiring issuers to hold full reserves and comply with anti-money laundering laws to ensure consumer protection and market stability.

- *The Anti-CBDC Surveillance State Act*: Seeks to prohibit the Federal Reserve from developing, issuing, or using a Central Bank Digital Currency (CBDC) for monetary purposes.

These bills could potentially reshape the future of digital asset regulation in the US and have sparked significant interest in the crypto community. Some possible outcomes include³:

- *Increased clarity and regulatory certainty*: Passage of these bills could provide a clearer understanding of the regulatory landscape for crypto firms and investors.

- *Market volatility*: The outcome of the votes could trigger significant price movements in the crypto market, with some assets potentially surging or plummeting based on the results.

- *Bipartisan support*: Despite some politicization of crypto, there appears to be growing bipartisan momentum behind these bills, which could help drive their passage.