Lawmakers Plan Bullish Move: US Crypto Week This July 14 to Tackle Major Bills

U.S. Congress just circled the week of July 14 and slapped “Crypto Week” on it. Crypto Week will be a week-long U.S. holiday. God bless America. *claps*

The House will spend the week debating three bills that could reshape crypto regulation and whether the U.S. still wants to be a serious player in crypto innovation. If passed, they could finally give the industry the framework it’s been begging for.

Meanwhile, a new crypto presale is making headway and could skyrocket during Crypto Week.

DISCOVER: Best New Cryptocurrencies to Invest in 2025

US Crypto Week: CLARITY Act Brings Long-Awaited Regulatory Certainty

Washington is finally trying to stop playing Calvinball with crypto law. The CLARITY Act proposes a simple fix to carve digital assets into three categories: commodities, securities, and stablecoins, and assign each to the right agency.

It’s a strategy meant to kill the ambiguity that’s made the U.S. a regulatory minefield for crypto firms.

For instance, BTC ▲0.84%, classified as a “digital commodity,” would come under the CFTC’s jurisdiction, while tokens resembling traditional securities would remain with the SEC.

Additionally, a dual-track registration system is set to provide more flexibility for crypto platforms to register with the relevant agency.

GENIUS Act Caters to Stablecoin Innovation

Passed by the Senate, the GENIUS Act is set to bring stablecoins under federal command. It sets the ground rules for who can mint them, how they’re backed, and what oversight looks like when things go sideways.

The upshot is:

• Makes stablecoins legally legitimate as long as they do things like proving reserve backing.
• There will be less of legal barriers to making your own legally compliant stablecoin.

Framed as a firewall against financial surveillance, the Anti-CBDC Surveillance State Act would stop the Fed from distributing a digital dollar to individuals.