Understanding the overwhelming advantage of the three cryptocurrency bills passed by the U.S. House of Representatives at a glance: what are they for?

Among them, the "GENIUS Act" will clarify the issuance and operation rules for stablecoins pegged to the U.S. dollar at the federal level, claiming to "strengthen the position of the U.S. dollar in the global financial system."

The "CLEAR Act" is a market structure reform bill that involves the division of regulatory authority over digital assets.

The "Anti-CBDC Surveillance State Act" permanently prohibits the Federal Reserve from issuing digital currency (CBDC).