"US Crypto Week" refers to the week of July 14, 2025, when the US House of Representatives pushed forward key crypto-friendly bills to establish the US as a leader in digital asset innovation. The main objective is to provide regulatory clarity for the crypto industry, attracting traditional finance institutions and promoting growth.

*Key Bills:*

- *The Digital Asset Market Clarity Act (CLARITY Act)*: Provides a regulatory framework for the crypto industry, defining roles of the SEC and CFTC.

- *The Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act)*: Sets rules for stablecoin issuance, requiring one-to-one backing with US dollars or similar assets.

- *The Anti-CBDC Surveillance State Act*: Prevents the Federal Reserve from issuing a central bank digital currency (CBDC) and ensures Congress has authority over digital dollar issuance.

*Progress and Next Steps:*

- The GENIUS Act was passed by the House of Representatives with a 308-122 vote and is expected to be signed into law by President Trump.

- The CLARITY Act and Anti-CBDC Act were also passed by the House and will now face a vote in the Senate before reaching the President's desk.¹

*Impact:*

- Regulatory clarity could attract more institutional investors and promote growth in the US crypto industry.

- The GENIUS Act may strengthen the US dollar's dominance as a global reserve currency.

- The Anti-CBDC Act ensures financial privacy and prevents potential government surveillance through digital currency.