The US House of Representatives has announced that it will dedicate the week of July 14th to discussing and voting on three key pieces of legislation related to cryptocurrency regulation. The “Crypto Week” initiative aims to establish a clear regulatory framework for digital assets, safeguard consumers and investors, and permanently block the creation of a Central Bank Digital Currency (CBDC).
House leaders, including Chairman French Hill and Agriculture Committee Chairman GT Thompson, have expressed their commitment to advancing landmark legislation on digital asset issues. The bills in question include the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act.
According to Majority Whip Tom Emmer, “This is a historic opportunity for the United States” as it seeks to establish clarity and certainty for digital asset innovators while protecting Americans’ right to financial privacy. The House Agriculture and Financial Services Committees have worked together to deliver the CLARITY Act, which aims to provide stablecoin legislation and market structure rules.
The initiative comes at a time when President Trump’s administration has expressed its commitment to making the US a leader in digital asset innovation. Senator Cynthia Lummis praised the effort, stating that “For the first time in U.S. history, we have a president who sees the value in embracing digital assets.”
Source: https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=410793