US Lawmakers Plan ‘Crypto Week’ for July 14 to Tackle Major Bills
2025-07-04 11:30:35
Main Idea
Lawmakers will review three digital asset bills during 'Crypto Week' starting July 14, aiming to establish regulatory frameworks and address concerns around government overreach and market structure.
Key Points
1. Three bills to be reviewed: the CLARITY Act, the Anti-CBDC Act, and the GENIUS Act.
2. The Anti-CBDC Act passed the House Financial Services Committee in April with a 27 to 22 vote, targeting privacy and government overreach concerns.
3. The CLARITY Act introduces a dual regulatory framework involving the SEC and CFTC for oversight.
4. The GENIUS Act passed the House last month and awaits a Congressional vote, though it faces opposition from Democratic lawmakers.
5. House Republicans emphasize advancing President Trump’s digital assets agenda through these bills.
Description
The United States House of Representatives has announced that the period beginning July 14 will mark “Crypto Week.” During this time, lawmakers plan to review three digital asset bills: the CLARITY Act, the Anti-CBDC Act, and the GENIUS Act. The Proposed Legislation House Financial Services Committee Chair French Hill, House Agriculture Committee Chair Glenn Thompson, and Speaker Mike Johnson said in a July 3 statement that the initiative is part of efforts to make the U.S. the crypto capital of...
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