“Happy Crypto Week”: Trump Vows to Push for New Crypto Bills in Congress
2025-07-15 18:03:19
Main Idea
Former President Trump declared July 15 as 'Crypto Week' and pledged to push for the passage of several digital asset bills in Congress, including the GENIUS Act and Anti-CBDC Act, leading to a surge in Bitcoin prices.
Key Points
1. Trump officially recognized July 15 as the start of 'Crypto Week' and vowed to collaborate with Congress to pass more crypto-related bills.
2. Four major crypto bills, including the GENIUS Act and Anti-CBDC Act, are set for a House vote after advancing from the House Rules Committee.
3. The GENIUS Act, which establishes a federal regulatory framework for stablecoins, has already passed the Senate with strong support.
4. Bitcoin's price surged past $123,000 as the market reacted positively to the legislative developments.
5. House discussions on the bills are expected to begin on July 15, with testimony already submitted by key committees.
Description
Trump declared July 15 as “Crypto Week” and vowed to pass more digital asset bills. The House will vote on four major crypto laws, including the GENIUS Act and Anti-CBDC Act. Bitcoin surged past $123K as markets responded to expected U.S. crypto regulation support. U.S. President Donald Trump officially recognized July 15 as the start of “Crypto Week” in Washington. In a post on X, he stated, “Happy Crypto Week! I will work hard with the Senate and House of Representatives to pass more bills.” T...
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