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Crypto regulations are coming to the US House of Representatives in two weeks. The goal is to finally provide legal clarity for digital assets and blockchain-based payments in the United States. Congressman Says Key Crypto Regulations Will Clarify Digital Assets and Stablecoin Oversight While speaking during a recent Fox News interview, shared on X, Congressman French Hill announced that two major bills on crypto regulations will be introduced. The first bill is the Clarity Act. It outlines how investors, brokers, and entrepreneurs can legally operate in the crypto space. According to Hill, who chairs a key committee on financial services, many people are unsure of what is allowed. Currently, there are no clear rules on using blockchain for payments or building crypto-based businesses. The Clarity Act is designed to define the structure for digital asset markets. It will also help protect people from accidental violations of US law. Hill emphasized that these crypto regulations will reduce confusion and offer a path forward for legitimate innovation. The second bill ( the GENIUS Act) aims to regulate dollar-backed payment tokens. In addition, these tokens, which are central to crypto finance, lack federal oversight. The new crypto regulations will lay out how stablecoins should be issued, managed, and supervised. Hill Says New Bills Key to Keeping Crypto Innovation in the US The congressman believes this step is necessary to preserve America’s strength in global finance. With finance shifting toward blockchain-based models, effective crypto regulations can help the U.S. lead the digital transition. He also highlighted that today’s crypto environment is stuck in a grey zone. Companies don’t know what counts as a security or which agency to report to. Users also face uncertainty about taxes and risks. That’s why comprehensive crypto regulations are essential. Hill’s committee has worked on these bills for months,…

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Filed under: News - @ July 5, 2025 10:24 pm