#USCryptoWeek #USCryptoWeek "US Crypto Week" is an important event in the cryptocurrency world, taking place from July 14 to July 18, 2025. During this week, the U.S. House of Representatives will vote on three key bills that may impact the future of cryptocurrency regulation in the country. Here’s what’s happening ¹ ² ³:
- *Key Bills:*
- *Genius Act*: A regulatory framework for stablecoins requiring full reserve backing and transparent monthly disclosures. This bill has passed the Senate and is expected to be signed into law by President Trump.
- *Digital Asset Clarity Act (Clarity Act)*: Defines the roles of the SEC and CFTC in regulating digital assets, clarifying whether tokens are securities or commodities.
- *Anti-CBDC Surveillance State Act*: Prohibits the Federal Reserve Bank from launching a Central Bank Digital Currency (CBDC), ensuring financial privacy.
- *Market Impact:*
- Bitcoin breaks above $118,000, driven by ETF inflows and policy optimism.
- Altcoins like Solana, ETH, and XRP show strong rebounds.
- U.S. crypto stocks such as Riot, Coinbase, and Hut 8 are also up.
- *Risks Faced:*
- Clear regulations could enhance investor confidence and lead to greater adoption of cryptocurrencies.
- The U.S. could establish a leadership role in the global digital economy.
- However, some lawmakers express concerns about potential risks and unintended consequences.
Overall, "US Crypto Week" is a critical moment for the cryptocurrency industry that may influence the future of digital assets in the U.S. and beyond.