BITPRISMIA
The U.S. House of Representatives faced procedural delays in advancing its 'Crypto Week' agenda, including key crypto-related bills, due to opposition from the House Freedom Caucus and unresolved legislative negotiations.
The House of Representatives' Clarity Act aims to establish rules for U.S. crypto markets, but industry insiders anticipate challenges in the Senate, where differing approaches may emerge.
The U.S. House of Representatives is preparing to vote on key crypto-related bills, including the Digital Asset Market Clarity Act and the GENIUS Act, which could significantly advance crypto regulation and stablecoin oversight.
The article discusses upcoming U.S. crypto-related legislation, including the GENIUS Act for stablecoin oversight, the Clarity Act for digital asset market regulation, and a proposed ban on central bank digital currencies (CBDCs).
The U.S. House Ways and Means Committee will hold a hearing on July 16, 2025, to discuss tax policies for the cryptocurrency sector as part of 'Crypto Week.'
The U.S. Senate Banking Committee held a hearing on crypto market structure, with industry leaders advocating for clearer regulations while Senator Elizabeth Warren raised concerns about weak rules and potential corruption.
A coalition of over 60 industry firms, led by Stand With Crypto, is urging US House lawmakers to support the CLARITY Act to establish clear regulations for the digital asset market.