#USCryptoWeek
The US House of Representatives has designated July 14-18 as "Crypto Week," a significant move to drive digital asset innovation in America. During this week, lawmakers will focus on three key bills ¹:
- *CLARITY Act*: Establishes a regulatory framework for digital assets, clarifying roles of the SEC and CFTC, and sets guidelines for token launches and decentralization.
- *GENIUS Act*: Provides a federal framework for payment stablecoins, mandating full backing by USD or equivalent liquid assets and annual audits for issuers with over $50 billion in market cap.
- *Anti-CBDC Surveillance State Act*: Prohibits the Federal Reserve from developing or issuing a central bank digital currency (CBDC), protecting Americans' financial privacy.
This legislative push reflects a pro-crypto stance, with Chairman French Hill emphasizing the importance of maintaining US leadership in innovation. The outcome of these deliberations could shape the future of digital finance and regulatory clarity in the US ².