US House of Representatives to Welcome "Crypto Week" with Three Key Crypto Bills on the Table

On July 15 (UTC+8), the U.S. "Crypto Week" enters a critical node this week, with the House of Representatives set to review the "Guiding and Establishing National Innovation for U.S. Stablecoins Act" (GENIUS), the "Digital Asset Market Clarity Act" (CLARITY), and the "Anti-CBDC Bill." Among them, GENIUS has been passed by the Senate, and if the House of Representatives passes it smoothly, it will be submitted to President Trump for signing as early as this Friday. CLARITY will clarify the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in crypto market regulation and is seen as a major obstacle to breaking the long-term wait-and-see attitude of institutional investors. In addition, the House of Representatives will vote on a bill to prohibit the Federal Reserve from directly issuing central bank digital currencies (CBDC) to individuals. Analysts expect that all three bills are expected to be supported and passed by some Democratic members of Congress, marking a historic turning point for U.S. digital asset regulation. (Source: The Block) [MetaEra]