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🇺🇸 US House Passes Three Crypto Bills: Key Takeaways
On July 17, the US House of Representatives approved a trio of significant crypto-related bills:
1. Clarity Act – Clearly defines when digital tokens are considered commodities versus securities, shifting oversight from the SEC to the CFTC .
2. Genius Act (Stablecoin Regulation) – Establishes a federal framework for stablecoins, already passed by the Senate and now headed to the President for signing .
3. Anti‑CBDC Surveillance State Act – Prohibits the Federal Reserve from issuing a digital U.S. dollar, addressing privacy and surveillance concerns .
Why it matters:
✅ These laws bring long-awaited clarity and legitimacy to the crypto sector.
✅ Classifying most tokens as commodities streamlines exchange operations.
✅ The stablecoin framework provides regulatory certainty for projects and users.
