#USCryptoWeek
The first week from July 14 to 18, known as #USCryptoWeek، , marks a crucial moment for the crypto sector in the U.S. Congress weakens regulatory uncertainty by voting on three key bills: the GENIUS Act, which regulates stablecoins with reserve and transparency requirements; the Clarity Act, which clearly defines the responsibilities of the SEC and the CFTC; and the Anti-CBDC Surveillance State Act, which prohibits the launch of a central bank-backed digital currency.
This legislative push occurs amid a Bitcoin rally, which reached a new all-time high of around $118,000, thanks to the optimism generated by these potential regulations. Companies and institutional funds are preparing for wider adoption, although some analysts warn of risks and volatility. Additionally, political tensions arise: Democrats call for greater consumer protections, while Republicans advocate for innovation and economic growth.
In summary, this could mark the beginning of a new regulatory era in the U.S., beyond which there will be no turning back for the crypto industry.