Crypto Week Could Reshape U.S. Digital Assets Regulation

CN
8 hours ago

Crypto Week to Shape U.S. Policy as Congress Debates Three Key Bills

Crypto Week begins on July 14 , and it may be one of the most important events for digital currency in U.S. history. For five days, Congress will focus on bills that could shape how cryptocurrencies like Bitcoin and stablecoins are used, taxed, and regulated.

Source: Financial Services Committee

What Is Crypto Week?

Crypto Week is a special session announced by House Speaker Mike Johnson, along with top lawmakers like French Hill and GT Thompson. From July 14 to July 18 , the U.S. The House of Representatives will vote on three major cryptocurrency related bills. These bills are designed to bring clear rules to a market that has often operated in a legal gray area.

The Three Bills Under Debate

During Crypto Week , lawmakers will debate and vote on the following:

1. The CLARITY Act

This bill would define which agencies control cryptocurrency. It splits responsibilities between the SEC and CFTC, and it also exempts older, more stable blockchains from strict rules. This could allow large digital assets firms to operate more freely in the U.S. According to the Polymarket, this act has a 53% chance of becoming a law.

Source: Polymarket

2. The GENIUS Act

The Genius Act already passed in the Senate , this bill would allow private companies to issue stablecoins, as long as they are backed 1:1 with real dollars.

Source: Polymarket

It could lead to major brands like Amazon or Walmart launching their own stablecoins for payments, as they have already announced plans about it.

3. Anti-CBDC Surveillance State Act

This bill aims to restrict the FED from introducing a government-backed digital dollar. Supporters say it protects financial privacy by keeping government control out of personal spending habits.

Why the Timing of Crypto Week Matters?

The timing of Crypto Week couldn’t be more important.

  • More traditional banks and companies are starting to use blockchain tools.

  • Major organisation inclining towards including Bitcoin and other cryptocurrencies in their corporate reserve strategy.

  • Bitcoin has hit a new all time high of more than $118,000.

  • BNY Mellon is already managing stablecoin reserves, and Coinbase has launched an ad campaign to push for regulatory clarity.

President Trump has also thrown his support behind cryptocurrency. He recently called the GENIUS Act a way to make America the “undisputed leader in digital assets.” His stake in a stablecoin firm, USD1, has further increased attention on this space.

The Need for Clear Regulations

One of the biggest problems in digital assets industry today is unclear regulation. Many companies aren’t sure which rules to follow or which agency is in charge. This confusion can slow down innovation, scare away investors, and cause legal trouble. Crypto Week is being seen as the first big chance to fix this.

Digital assets advisor at the White House David Sacks said “July will be a big month”. This hints at a big revolution coming up in the industry.

Source: X (previously Twitter)

If the bills pass, they would give the industry more legal guidance and help protect users. It would also set up the United States as a pioneer in responsible digital assets regulation.

What’s at Stake for the Market?

If all three bills pass during Crypto Week , it would mark a huge shift in U.S. cryptocurrency policy. Investors may feel more secure, companies may find it easier to launch blockchain services, and the U.S. could lead the global digital economy.

However, there are still hurdles. Some lawmakers, like Senator Elizabeth Warren, argue these bills weaken protections. Tax issues also remain. Current rules make even small cryptocurrency trades taxable.

Final Thoughts

Crypto Week is a big test for Congress, and for the future of digital assets in America. The decisions made this time could push the U.S. toward a clearer, more open cryptocurrency market.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

ad
50U新人礼+5000U储值返利
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink