US GOP To Consider 3 Crypto Bills In Mid-July ‘Crypto Week’
US Republican House leaders plan to review three significant crypto bills during a designated "Crypto Week" from July 14 to 18. The bills include the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate's GENIUS Act. Speaker Mike Johnson emphasized the commitment to advancing President Trump's digital assets agenda. The GENIUS Act, which has bipartisan Senate support, is favored over the House's STABLE Act, which has not yet received a full floor vote. Legal analysts suggest potential amendments to the GENIUS Act may require Senate approval. The CLARITY Act aims to clarify regulatory jurisdiction over crypto and mandates registration for exchanges with the CFTC. The Anti-CBDC Surveillance State Act seeks to prevent the Federal Reserve from issuing digital currencies. Democrats have expressed concerns over potential conflicts of interest related to Trump's crypto ventures.
