Featured News Headlines
Crypto Week Is Coming – Will Congress Approve the GENIUS Act?
Crypto Week Is Coming – U.S. House GOP leaders have declared July 14–18 as “Crypto Week”, planning to introduce three pivotal crypto bills: the spot market CLARITY Act, the stablecoin-focused GENIUS Act, and the Anti‑CBDC Surveillance State Act, which bans central bank digital currencies. The GOP describes these measures as key parts of Donald Trump’s digital assets agenda.
GENIUS vs. STABLE: Which Bill Takes Center Stage?
The Senate-approved GENIUS Act is now moving ahead of the House’s STABLE Act, which passed committee in May but hasn’t reached a full vote. Legal experts from Pillsbury Law warn that the House might amend core provisions in GENIUS—such as issuer eligibility, state vs. federal oversight, and compliance requirements—potentially sending the bill back to the Senate for approval.
Additional Bills: CLARITY and a Total CBDC Ban
During Crypto Week, lawmakers will also consider the CLARITY Act and Anti‑CBDC Surveillance State Act. The CLARITY Act defines SEC and CFTC jurisdiction over digital asset exchanges, mandates registration, user safeguards, and transparency. The Anti‑CBDC Act outright prohibits the Federal Reserve from developing or issuing a digital dollar. Both bills have passed the House and are now awaiting Senate approval.
Political Winds Stir Crypto Momentum
This legislative wave aligns with Trump’s push to finalize stablecoin rules before Congress breaks in August. Though bipartisan consensus may be slim, the mere presence of these bills on the congressional agenda is already fueling crypto market anticipation.
What’s the Impact? Markets Are Watching Closely
Analysts note that passing the GENIUS and CLARITY Acts could significantly reshape the crypto landscape. If CLARITY ushers exchanges under the CFTC and mandates asset segregation, investor confidence may surge. Meanwhile, the Anti-CBDC Act sparks renewed debate over central bank-issued digital money, setting the stage for an intense regulatory showdown.
Final Word: Crypto Week Sets the Stage for Major Shifts
During this critical Crypto Week, the U.S. Congress is poised to enact transformative legislation affecting stablecoins, spot markets, and CBDCs. With institutional regulation and digital currency policy at stake, crypto participants worldwide are tuning in—this week could be the turning point for the future of digital assets.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
