The U.S. Congress has declared the week of July 14 to be 'Crypto Week', during which key legislation concerning digital assets will be addressed.
Announcement of 'Crypto Week'
The U.S. Congress has officially designated the week of July 14 as 'Crypto Week'. During this time, votes will be held on several key bills related to digital assets.
Key Bills Up for Vote
During 'Crypto Week', three major bills will be considered: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. These bills aim to establish a clear regulatory framework for digital assets and regulate dollar-backed stablecoins.
Potential Impact on Crypto Regulation
The bills being reviewed could significantly impact the regulation of cryptocurrencies by defining boundaries between securities and commodities, as well as protecting individual financial privacy.
Crypto Week in the U.S. Congress promises to be a significant milestone for the regulation of digital assets, potentially leading to further developments in this field.
