U.S. House Declares July 14 “Crypto Week” to Tackle Key Crypto Bills
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U.S. House Declares July 14 “Crypto Week” to Tackle Key Crypto Bills U.S. House sets July 14 as Crypto Week for key votes. CLARITY Act aims to bring clear rules for American crypto markets. GENIUS Act sets firm guidelines for U.S. dollar-backed stablecoins nationwide. Anti-CBDC bill seeks to block Federal Reserve from issuing digital currency. The United States House of Representatives has announced that the week of July 14, 2025, will be known as “Crypto Week.” During this week, lawmakers will debate and vote on three major pieces of digital asset legislation. These bills are the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. CLARITY Act Seeks Clear Rules for U.S. Crypto Regulation First of all, the CLARITY Act, or the Digital Asset Market Clarity Act, is expected to establish transparent regulations of the crypto market in the United States. It will determine what regulations the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) would impose on crypto. It also obliges digital asset firms to disclose more information to investors and segregate customer money from company money. Meanwhile, the GENIUS Act will also come to the table. This bill was enacted in the middle of June and aims to establish control over stablecoins that have U.S. dollar backing. It establishes guidelines on how such stablecoins ought to be issued and operated. It also stipulates how reserves are supposed to be held in order to cushion the consumers. Numerous legislators believe that this bill will not only allow the U.S. stablecoin market to grow but will also maintain it safe to all investors and users. Further, the House is to consider the Anti-CBDC Surveillance State Act. This bill is supposed to prevent the Federal Reserve from issuing or creating a U.S. central bank digital…
Filed under: News - @ July 4, 2025 5:28 pm