#USCryptoWeek is a significant event happening in the US House of Representatives from July 14 to 18, where lawmakers will debate and vote on three major cryptocurrency bills. These bills aim to shape the future of digital assets, stablecoins and central bank digital currencies (CBDCs) in the US.
Key Bills Under Consideration - *The GENIUS Act*: This bill proposes a regulatory framework for payment stablecoins, requiring issuers to register with federal or state banking regulators and maintain 100% reserves in US dollars or US Treasuries. - *The CLARITY Act*: This bill aims to define the regulatory responsibilities of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) in relation to digital assets, providing clarity on when a crypto asset is treated as a security or commodity. - *The Anti-CBDC Surveillance State Act*: This bill seeks to prohibit the Federal Reserve from issuing a CBDC directly to individuals or engaging in [7/14, 11:54 PM] Meta AI: "US Crypto Week" is a significant event happening in the US House of Representatives from July 14 to 18, where lawmakers will debate and vote on three major cryptocurrency bills. These bills aim to shape the future of digital assets, stablecoins and central bank digital currencies (CBDCs) in the US.
Key Bills Under Consideration - *The GENIUS Act*: This bill proposes a regulatory framework for payment stablecoins, requiring issuers to register with federal or state banking regulators and maintain 100% reserves in US dollars or US Treasuries. - *The CLARITY Act*: This bill aims to define the regulatory responsibilities of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) in relation to digital assets, providing clarity on when a crypto asset is treated as a security or commodity.