A Look at Incoming Digital Asset Legislation
Now that the July 4th holiday has passed and President Donald Trump’s controversial ‘Big Beautiful Bill’ has been passed into law, Wall Street investors are preparing for one last week of action from Washington, D.C. before Congress takes a three-week hiatus and the summer doldrums kick in. Next week will kick-start what the Republican-led US House of Representatives dubs ‘Crypto Week.’ During ‘Crypto Week,’ the US House of Representatives will consider three digital asset bills, including:
· The Genius Act: GENIUS, which stans for ‘Guiding and Establishing National Innovation for US Stablecoins Act) will aim to put a regulatory framework around stablecoins for the first time in US history.
