#USCryptoWeek 🏛️ What Is Crypto Week?

From July 14–18, the U.S. House of Representatives has designated a special session to fast-track three major crypto-related bills: the CLARITY Act, the GENIUS Act, and the Anti‑CBDC Surveillance State Act .

---

📜 The Big Three Bills

1. CLARITY Act

Clarifies which digital assets are securities, commodities, or stablecoins.

Defines regulatory jurisdiction between the SEC and CFTC.

Aims to eliminate legal ambiguity and support innovation .

2. GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act)

Sets rules for U.S. dollar-backed stablecoins: full reserves, AML/KYC, redemption rights.

Allows only approved issuers (banks or regulated entities) to issue stablecoins.

A bipartisan bill already passed the Senate; House approval would send it to the President .

3. Anti‑CBDC Surveillance State Act

Blocks the Federal Reserve from issuing a retail Central Bank Digital Currency (CBDC) without Congress’s explicit approval.

Designed to protect financial privacy and prevent potential government surveillance .